More from Nikita Poojary
I have recd a lot of queries on exactly which video did Subasish Pani taught this set up..
Folks you can check his y'days video
Although, I have learnt this extended move set up from @iManasArora 🙌
Do follow him & check his timeline for such set ups!
I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
Folks you can check his y'days video
Although, I have learnt this extended move set up from @iManasArora 🙌
Do follow him & check his timeline for such set ups!
#BANKNIFTY
— Nikita Poojary (@niki_poojary) November 30, 2021
90degree upmove qualifies for abnormality, be cautious \U0001f6a8 pic.twitter.com/uyFCMpGOuR
I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
More from Nifty
#Nifty -- Going good so far forming triangle as expected.
Till it breakouts expect pendulum swings within this structure.
I am positive for 19300-20000 above 18350.
Bottoms 16800-17000 in place and 200dema at 16600. Dont see any big cut. @moneyworks4u_fa https://t.co/lceGFlDyRM
Till it breakouts expect pendulum swings within this structure.
I am positive for 19300-20000 above 18350.
Bottoms 16800-17000 in place and 200dema at 16600. Dont see any big cut. @moneyworks4u_fa https://t.co/lceGFlDyRM
#Nifty taking a shape of triangle rather than CNH.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) January 29, 2022
Confirmation point is same 18350 and targets also same as below \U0001f447
Traingle /CNH whats in a name as long as targets and Confirmation point is same. https://t.co/vfM1odTd94
#Nifty
So now that Nifty has undergone ABC correction in the expected manner, what to expect next?
I think we have started larger degree wave 3, once 16800 was crossed.
16800 is the reference level now. We will get more sense by end of next week/ month. https://t.co/KsziuUpZxU
#NIFTY
If 17445 is taken out, then may be we are heading to fresh new all time on Nifty.
Things may pan out way faster than expected.
#NIFTY
Zoomed in cross-section of the chart above.
Wave 3 of 1 should have started today, which can take Nifty to fresh all time highs.
#NIFTY
So now Nifty is moving more clearly on the expected path, what's next?
Nifty has started longer term wave 3 advancement, pending final confirmation of HH by crossing 17800.
In Wave 1 of 3, can expect a move to 20k+.
In terms of longer term wave structure:
Wave 1: 7500 to 18600
Wave 3: 15700 to 35000+
And this can pan out over next 2 years or so.
Since wave 2 was a shallow correction, wave 4 can potentially be a deeper correction.
So now that Nifty has undergone ABC correction in the expected manner, what to expect next?
I think we have started larger degree wave 3, once 16800 was crossed.
16800 is the reference level now. We will get more sense by end of next week/ month. https://t.co/KsziuUpZxU
I am no expert in Wave Theory, but can this be a possible path over next few weeks/months?
— Mayank Narula (@Mayank_Narula1) December 6, 2021
Views requested. @idineshptl @indiacharts @nishkumar1977 pic.twitter.com/u3DjEeqoqB
#NIFTY
If 17445 is taken out, then may be we are heading to fresh new all time on Nifty.
Things may pan out way faster than expected.
#NIFTY
Zoomed in cross-section of the chart above.
Wave 3 of 1 should have started today, which can take Nifty to fresh all time highs.
#NIFTY
So now Nifty is moving more clearly on the expected path, what's next?
Nifty has started longer term wave 3 advancement, pending final confirmation of HH by crossing 17800.
In Wave 1 of 3, can expect a move to 20k+.
In terms of longer term wave structure:
Wave 1: 7500 to 18600
Wave 3: 15700 to 35000+
And this can pan out over next 2 years or so.
Since wave 2 was a shallow correction, wave 4 can potentially be a deeper correction.
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1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
