Nifty 50-Until 16600 is crossed then there is every chance of one more leg downwards (Wave5)
If it closes below 15700 then we can see 15500/15160
5th wave-can get truncated,
Get rid of kachra!!
Good opportunity to accumulate quality companies
chart👇
cheers https://t.co/b0M5QRcq7e

Please use the opportunity to move out of the low-quality companies into high-quality companies.
— Moneyspinners - Work Hard, Dream Big!! (@Jai0409) May 18, 2022
More from Moneyspinners - Work Hard, Dream Big!!
Looking for max another 100 to 150 fall in smallcap before it reverses from mid diagonal unless we don't hear any bad news from external and internal geographies.
correction is a good time to shuffle laggards, incorrect allocation with performers https://t.co/7HLlfDSHtM

Small-cap and Midcap Index's are in wave 4 correction,
— Moneyspinners-Work 4UR Dreams (@Jai0409) August 10, 2021
Overall structure is not changed
Continue to hold quality stocks & add in the lower level's periodically
Sell strechted valuations
Shuffle laggard with performer those who have given good results in tough times
cheers
Whenever international prices shot up commodity stocks start soaring, previously it went up from 73 to 165!!
Now can it give move to 200/230+!!
Chart👇 https://t.co/1TJRP7rj0P

Good for Hindustan copper and Rain Industries!!
— Moneyspinners-Work 4UR Dreams (@Jai0409) January 18, 2021
Disc - Invested!! https://t.co/xfJKSWMeyw
https://t.co/3An8uq0e3G
Is copper leading the commodity supercycle? @Manisha3005 explains on #CommodityCorner https://t.co/nZ5FT4FsZ2
— CNBC-TV18 (@CNBCTV18News) April 16, 2021
will post an updated chart later in the week
Long from 288
ISGEC-A leader in heavy industries
— Moneyspinners-Work 4UR Dreams (@Jai0409) March 13, 2021
A quality company's mgmt possess character to fight out headwinds faced by business&market for a long period of time.
PLI scheme to boost India's production by $520 bn in next 5yr
It is the time now to benefit from upcycle
Disc-invested@289 https://t.co/BhK9i5JE01 pic.twitter.com/vNeABDtVd5
ISGEC - Sugar/Ethanol theme - Along the side of Praj one can consider this company too.
Here is the ISGEC sugar mills Client list
More from Niftylongterm
15 Months to this post. No change in the larger projections.
Long Term Chart of the Year.#NIFTY - Wave 5 (Cycle Degree) Target Zone of 25000-34000 by 2024-2027.
— Piyush Chaudhry (@piyushchaudhry) December 19, 2020
Reassessment on a breach below Blue Trendline. A breach is not a necessary invalidation. Depends on internals.
The dashed path is for representative purpose only. #ElliottWave pic.twitter.com/1xVY4OSr5T
₹Nifty > #Nifty
Tight Bearish divergence on Nifty Weekly. Ready to snap back to Weekly 20 EMA? Current Weekly 20 EMA at 16864. Stay Cautious!
— Krunal Thakkar (@KrunallThakkar) October 22, 2021
\u20b9Nifty > #Nifty
Explanation for the alarm that sounded. Textbook short term top.
Clean technicals.
₹Nifty > #Nifty

Is Nifty gunning for an ultimate double zig-zag shake out towards 17k which would coincide with weekly 20 EMA and 100 DEMA tag? Fair possibility. Only time will tell. Watch for the break of 50 DEMA and support zone.
₹Nifty > #Nifty
@piyushchaudhry

If Nifty breaks 50 DEMA and closes below 17700. 17220-17150-17000 possible. Worst case scenario is ~17000. Lot of confluence support in that range.
Do your DD.
₹Nifty > #Nifty

Nifty’s daily looks like ABC is done, but internals suggests that it still needs a final sell off to make a bottom for WXY. A bull trap towards 17735-17810 can’t be ruled out before the final sell off.
Just analysis, reserve the right to be wrong.
₹Nifty > #Nifty

If we are to continue LH-LL setup & break 16666 on daily we will finally complete this drag near 15214. I am not bearish. In fact, this should give amazing opportunity to buy. Until then 16666-17300 continue to provide L-H range for traders. pic.twitter.com/tfIq00VJmZ
— Ameya (@Finstor85) May 2, 2022