Day Trading Stocks & Futures

[Pradeep Narayan]

One more point of view

 

[Romeo1998]

Could we head back to 13000? The last time N50 hit 8900 it had a fair correction.

View attachment 46301

Sir if we see whole nifty chart, wave 2 retraced wave 1 till exact 78.6 %, then wave 3 was exact 1.61 % extension of wave 1.... then wave 4 was 50% retracemnt of wave 3 instead of 38.2 % ... n now wave 5 is going on

 

[Pradeep Narayan]

Sir if we see whole nifty chart, wave 2 retraced wave 1 till exact 78.6 %, then wave 3 was exact 1.61 % extension of wave 1.... then wave 4 was 50% retracemnt of wave 3 instead of 38.2 % ... n now wave 5 is going on
View attachment 46303

Where do you think wave 5 will end? Any projections? And Wave 5 seems to be a sharper move up!

 

[Romeo1998]

these r wave 5 targets with respect to wave 1... it already above the 100 % extension target

and this is with respect to wave 3, it already above the 61.8 extension target...

Sir impulse waves kab konse extension par rukega pata nahi... i find it easy to trade corrections rather than impulses..... as long as the trendline of wave 5 is intact, means wave 5 has not ended

as long as nifty is above 14500, it is still in bigger wave 5

 

[Pradeep Narayan]

My calculations would put the Max Top around 17690. That is 12% away from today. Giving a 5% leeway would mean distribution would kick in around 16800 levels.
In case we have Covid Wave 3 next month and more such bad news, a pattern can be confirmed & then we can be ready for a correction of 20-25%!

 

[apegaonkar9]

Generics have been used in the government hospitals forever with the same results as the branded ones. Even AIIMS.

First of all how many of us on this forum are keeping 1 choice for government hospital ?
AIIMS is one of premier colleges and Hospitals.
It's my own experience that senior Doctors in government hospitals are highly skilled and make correct diagnosis with minimal test.
It's individual choices if his family member needs treatment what choices are our preference.
In India top Indian pharmaceutical companies manufacture very good quality products.
Just see daily wage working people are having fantastic immunity just take one or 2 tablets get well.Their babys are sleeping near road side very peacefully. Can such luxury we can afford for our children.?.
Our and coming generations life style and food eating habits are so poor and that is directly impacting our immunity.
Have we ever heard our grandparents having problems of vitamin deficit.?
In their times every thing was pure including environment. Not much stress. They were having simple food yet immunity was fantastic.
We need to reflect where we are heading and what we are passing to next-generation....
Quality of treatment even in AIIMS depends on ' Who ' is patient.
But it's sad reality.
Very high inequality in our country.

 

[apegaonkar9]

Just missed by less than 1 point.
It's going to keep traders and investors like watching nail bitting thriller.
Stockmarket became now super OTT platform.

 

[apegaonkar9]

these r wave 5 targets with respect to wave 1... it already above the 100 % extension target
View attachment 46304


and this is with respect to wave 3, it already above the 61.8 extension target...
View attachment 46305


Sir impulse waves kab konse extension par rukega pata nahi... i find it easy to trade corrections rather than impulses..... as long as the trendline of wave 5 is intact, means wave 5 has not ended

View attachment 46306

as long as nifty is above 14500, it is still in bigger wave 5

Gurudev bank nifty ko aj apne dobadia. Joking good analysis. Keep it up.

 

[Dr. Jan Itor]

Almost all meds in India are generics, basically copies of off-patent US drugs.
But then in India there are branded generics from known pharma companies and unbranded generics from unknown companies.

For unbranded generics, I am not sure what regulatory requirements are needed. For simple and long proven meds like paracetamol and amlopidine, I suppose this is okay. For newer and more serious ailments, I am not so sure.

Je baat...

 

[Romeo1998]

Gurudev bank nifty ko aj apne dobadia. Joking good analysis. Keep it up.

thank u Sir