Historically 85% of time nifty intraday range was above 2.3%. Taking Counter trade after this number is reached is useful. Tuesday was near this number. Was expecting a fall on Wednesday. Was holding puts from tuesday closing. Reaped 1.1 lac at open sterday.
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and we are in the range now! 15282 is the low of the range. I start buying between 15666-15282. Big Q is, will we stop in the range & reverse? Honestly, I don't know. All I know is range is here, deserves some allocation in core conviction ideas. #niftymasterchart https://t.co/RXuJb0dTWi

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
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
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