Investing for long term and trading are two different concepts and have entirely different approaches. However both require a common factor -discipline, to be successful. Key factors for success however…
The 1st Chart above gives the PROBABLE making of a multi month flat, in which the final Wave C has already commenced somewhere in December 2022 and wave 3 downwards…
Considering above count as an impulse wave down where at present we are having a zig zag correction into the smaller wave 2 in a triple combination. IF this count…
The move up is in all probability a corrective one and the only question remains is if this is a double zigzag ending in y or triple zigzag(where another corrective…
Ralph Nelson Elliot, born in USA, developed his wave theory in 1930's, after he discovered that stock markets go up and down in repetitive patterns . He also noticed that…
NIFTY Opening On 6th Feb, The Previous day's rise is seen as a PART OF the corrective wave 2. Now expect fall from here onwards. This count is invalidated above…
Nifty intraday can go up to 17800 as part of the final z wave up
See this analysis in conjunction with the previous analysis. Nifty to correct further as shown above, notwithstanding a flat closing OR rising a bit more today.
NASDAQ It rose 3 percent plus. Question arises -is the correction over. MOST LIKELY NOT. Need to watch carefully price action next one-two days. Till now it seems to be…