When short term gets confusing, zoom out to long term charts. #Nifty
#CNXIT still must do a minimum 52K++ (to complete its move from Oct 2001 low) & therefore any dip between 26K-29K is a good buy zone. Also has mid-line support right there (previously resistance).
More from Harsh / 허쉬
Use 3Bar High on weekly candle to invest with stop at 3Bar Low.. 👇
One of the fairly easy and convenient method for investing is 3 Bar High/Low method on weekly candles.
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) March 26, 2021
Buy when stock price goes above High of previous 3 bars, continue till trend continues week after week, and sell out when Price goes below Low of previous 3 bars. pic.twitter.com/nnVCbMi84C
Below 640, counts need to be revalidated. https://t.co/1e7hs0ZkxR
#BhartiAirtel #Bharti #Nifty - Chart update - Count wise we are in 5th wave starting from 254.15.
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) May 17, 2021
Breakout from consolidation in 4th wave has come after 13 years, so expect solid move in next 3-5 years. Hold the stock and add on declines. pic.twitter.com/lC3Zsfd8vd
More from Cnxitlongterm
#CNXIT
Parabolic move has been triggered. Let's have 27k. That could be the buying zone for IT names. #CNXIT https://t.co/bJeKTMoCji pic.twitter.com/ab6w1mysz0
— Aakash Gangwar (@akashgngwr823) May 19, 2022
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Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d