D&V Sandwitch Sloping: A Phenomenon No Trader, Investor Can Afford To Miss | D&V Safe Ace Strategies

Indian equity markets registered massive losses in the last five trading sessions, logging their first weekly losses in a month as elevated crude oil prices and mounting concerns over global monetary policy tightening eroded risk appetite.


In our recent blog dated May 10, 2022 (An Opportunity To Strike Gold And Make A Fortune: https://www.dvsafeacestrategies.com/post/an-opportunity-to-strike-gold-and-make-a-fortune-d-v-safe-ace-strategies ), we clearly stated what the technical charts of the market are upto along with the levels upto where Nifty 50 can correct. Now, there's a possibility of another major development on Nifty50's technical chart that may finally get Nifty to the targets we are expecting. Here's what the technical charts are screaming:





Nifty 50: 1D (Daily) Technical Chart


The daily charts are clearly indicating formation of our exclusive D&V Bearish Sandwitch Sloping Strategy (D&V 3S Strategy). We've earlier shared similar analysis for various indices that produced astonishing returns for both traders and investors. For the current scenario, this strategy indicates that 16,000 - 15,950 will be a very crucial range for Nifty 50. A decisive close below these levels will ensure another leg of bloodbath on Dalal Street in weeks to come. In case of decisive breakdown for the D&V 3S Strategy, the index may head towards revisting our previously stated targets of 15,515 and 14,773 respectively.

In order to negate this bearish pattern, the index will need to trade decisively over 17,300 and 18,100 (final confirmation) respectively.


Since the past 2 months, we've clearly indicated 'sell on rise' as our prime strategy along with SIPs in selective fundamentally sound companies for efficient accumulation. We've very clearly discouraged any lumpsum positions since beginning of Russia-Ukraine worries. But, if this correction, the one we've indicated from the technical chart above, occurs, it will be no less than a golden opportunity to add your favourites at cheap valuations to ride the massive 3rd wave bull run that we've predicted for the Indian Equities in our blog (An Opportunity To Strike Gold And Make A Fortune: https://www.dvsafeacestrategies.com/post/an-opportunity-to-strike-gold-and-make-a-fortune-d-v-safe-ace-strategies ).


Uncertainty is an investor's best friend, freak out less and begin loving a market correction. Happy Investing!




 

Disclaimer: We are not SEBI Registered. The above mentioned analysis is not a recommendation and is mentioned here for educational purposes only. Do consult your financial advisor before making any decision regarding your investments.





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