Mr_Iniyan

Mr_Iniyan

Nifty is in final phase of wave E of higher time frame. PFA link. This is internal count of wave E. For now, structure is open for Flat or triangle. Expecting a Triangle.

Mr_Iniyan

Silver may finish up for may month. Neutral Triangle might be in progress.

Mr_Iniyan

All details given over the linked chart . Nifty yet to witness more than 11% drop which should occur (weekly) to confirm the downtrend.

Mr_Iniyan

Yes bank may spike at anytime . It is kind of building its strength. Minimum hold period to get return is 4 months. Even if SL is hit, kind of accumulation phase.

Mr_Iniyan

Nifty May move higher in coming weeks with so many hurdles. Confirmation needed on daily chart. Will link daily chart upon confirmation. Count will get negated if there is break below SL line. This idea having conflict with my prev idea of reaching 14500 before 15/04. I fee this idea have more probability than prev idea as no confirmation yet on higher timeframe...

Mr_Iniyan Updated 

Less Like Scenario cant be ignored and taken slightly. All details are over the chart - Self Explanatory. Higher timeframe on monthly and 6 monthly indicates major top is not yet in. So kept high like scenario in the right which is same as prev Idea. Primary Count is on right side. Recent sell off from to got retraced well enough to satisfy this count. So...

Mr_Iniyan Updated 

I see C is not yet complete, if this is true, projection for D is not required as target will reach in C itself.

Mr_Iniyan Updated 

if SL is broken , count is wrong. C take minimum time to achieve target, then higher high is possible.

Mr_Iniyan Updated 

This is Internal structure of higher timeframe wave C given over my prev related idea. if SL is hit before Jan month end, Lower low is possible. Count restructure required.

Mr_Iniyan

If Nifty break Validation line before May from now on. This count will go invalidate. This is the expected move for next 5 months. If E is not reached in time and taking more time then other F & G will also take same delay. if such delay G will complete by Sep than expected June.

Mr_Iniyan

Nifty may enter into slow and steady correction for 3 to 4 years( Already started or atleast by Jun'22). Post that it is going to witness strong rally ever for the decade.

Mr_Iniyan

Count restructured due to more price and time taken by last move in my previous linked idea. All details are given over the chart. Only for study purpose. Cant be traded without price confirmation.

Mr_Iniyan Updated 

Silver may delay its move . Structure confidence is high. Lot of Long Opportunity if Silver close high today or tomorrow. Otherwise probability open for new low again during this week. No SL -> No Trade.

Mr_Iniyan Updated 

Idea(Not Trade call) will go invalid if SL is broken. Actual directional move will commence only after 26th or 29th. Confidence level is Medium as not big confirmation yet for UP move but only minor level. This is only analysis or Idea. Not a trade recommendation. Please do your own analysis before you enter.

Mr_Iniyan Updated 

Silver may fly after few months Jan or feb 2022 after short term correction.

Mr_Iniyan

Unless SL is broken by November end. 1st target is reachable.

Mr_Iniyan

Not an investment or Trading Idea. Its about protecting Profits.

Mr_Iniyan

Keep cash , Be ready with list of your fundamental stocks to get at discounted price. No particular reason found for expected violent move.