Investor, Trader, & a believer in Science. Posts are only for information purposes. Posts are not an investment advice. stocktwits.com/EquityTrends

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#NIFTY If my wave counts are correct, this is the last leg (sub-wave 5 of wave (C)) down in the flat ABC correction. Its surprising that the two indexes (#nifty50 and #niftysmallcap) are giving completely opposing views right now. They do not seem to be in sync. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #stockmarketindia
#NIFTY is still testing S3. It is still not out of the woods yet. Bulls would want S3 to hold and lead to a sustainable bounce. Bears would want to break past S3, which would likely take it to S3.5 and possibly S4. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #nifty50 #stockmarketindia
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#NiftySmallCap Seems to have broken down from the ending diagonal and is below the 50 day SMA. Currently this is not looking bullish. A drop to the ORANGE line may be coming if bulls cannot push and keep this above the 50 day SMA. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #niftysmallcap250
#NiftySmallCap The bounce didn't even have the strength to test the 50 day SMA and the bears have pushed this lower. #CNXSMALLCAP
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#Rajeshpower It is hanging by a thread here. It must hold, because there is no proper technical support below. Of course, valuations and fundamentals may provide support at the appropriate level. But no one knows for sure what is that level. To arrive at that level the stock may have to get way too oversold and that is what I call the "bottom discovery" mode. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #rajesh
Replying to @EquityTrends
Chart update please
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Most insurance stocks are down big time due to the IRDAI consultation paper. #POLICYBZR down 32% #TURTLEMINT down 20% #HDFCLIFE down 5% The proposal is to cut insurers' management expenses to 12.5 percent for life policies and 20 percent for general ones over five years. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION.
#PBFINTECH I was right to pass on this one last time. This time, I need it to close above the dotted orange line to confirm the breakout. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #policybzr #policybazaar
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Its incredible to see how fast companies are moving with AI. $META always comes out with products that you think should do well, but a few from the past fizzled out. Let's see how well some of these new products do. Personally I liked and had big hopes from Meta Portal. It was a good product but the trust issues about data kept it from growing as I expected. Another one that has slowly fizzled out is Meta Quest (VR headset). But it is great to see that they still keep on innovating. I wish Indian companies had the same appetite for innovation that majority of these western companies show and now even Chinese companies show. Where are we lacking ?
Roberto Nickson
Here's everything I announced at Meta Connect today 👇
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#OrianaPower It is back above the 50 day SMA. Next few weeks will tell us if this is the start of a new motive phase or something else. There is resistance between 315 to 340 region, so some consolidation or pullback may be expected. Best case for bulls is that it slices through the resistance (gets above 340) and then consolidates above that area. Realistic case for bulls is that the consolidation/pullback stays above the 50 day SMA and in the worst case it stays above S4. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #Oriana
#OrianaPower The bounce from S4 was short lived and it fell below S4. It has bounced today but it can't be trusted until it gets back above the 50 day SMA. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #Oriana
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#PFOCUS Did I talk about the resistance yesterday ? YES SIR. Did it face resistance today ? ABSOLUTELY YES. Let's see how far down it goes. We may get a retest of the breakout level. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #primefocus
#PFOCUS Decent move so far. But some resistance may be expected as it is testing the previous highs. More upside looks due once the resistance is done. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #primefocus
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#Bitcoin Did exactly as predicted in the previous post. 😀 Pulled back to between $77K to $72K and then has bounced to $85K. This is looking good. Pullbacks may be opportunities. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #BTCUSD
#Bitcoin Expecting resistance around this $82K level. Hopefully that leads to a pullback to $77K to $72K. Pullbacks may be opportunities if history is any guide. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #BTCUSD
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#PENIND +4% today. 😀 I would not be surprised if it takes off in the next few days. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #pennar
#PENIND Adding potential waves. 🤞 THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #pennar
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#BODALCHEM +135% in less than a month. ❤️‍🔥❤️‍🔥❤️‍🔥 Shared the breakout when this was at 84 on August 26th. It made a high of 200+. 🚀🚀🚀🚀🚀 Wave (4) is due here soon. I have shown a shallower wave (4) than normal. Normal wave (4) would take it to the YELLOW line. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #bodalchemicals #bodal
#BODALCHEM The consolidation phase that I talked about in the previous post is here. Let's see how long or short it is. THIS IS NOT A BUY/SELL/HOLD RECOMMENDATION. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE MAKING A DECISION. #swingtrading #bodalchemicals #bodal
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