NIFTY Opening On 19th April 2023
NIFTY Opening On 19th April 2023
We may be having a 1-2 1-2 formation where the SECOND wave 2 is just completing or near completion. Then we should have the downward move resume again. REGARDING OVERLAPPING…
NIFTY Opening On 18th April
NIFTY Opening On 18th April
The previous trading day showed a corrective upwards. Now the downward move should resume, Is this part of a LARGER wave 3 or just a 5-wave move downwards ending as…
NIFTY Opening On 17th April 2023
NIFTY Opening On 17th April 2023
NIFTY - Correction is overdue by conventional indicators as overbought on both a daily and hourly basis. Elliot's count can extend on the 3rd wave but shows signs of weakness.…
NIFTY Opening On 13th April 2023
NIFTY Opening On 13th April 2023
Wave 3 Nifty has extended as shown. Extensions CAN occur in wave 3's. A lot of overlapping at present levels, with markets being egged on by short covering. Correction should…
NIFTY Opening On 12th April 2023
NIFTY Opening On 12th April 2023
NIFTY Overbought both on an hourly and daily basis. Elliot wave count shows the completion of minor wave 3 and we should correct it from somewhere here.The correction when it…
Gold Analysis Dated 9th April 2023
Gold Analysis Dated 9th April 2023
Gold May have finished its correction into wave 4 or we may be still into wave 4 and correct it as a double zigzag. Above I have given an image…
NIFTY Opening On 10th April 2023
NIFTY Opening On 10th April 2023
Wave 3 is now overdue for completion and we should be correcting it anytime soon as shown. However, Wave 5 when it comes should extend, taking us near/beyond 18000 as…
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ELLIOT Wave Analysis VS Traditional Analysis With Mathematical Traditional Indicators
Elliott Wave Theory and traditional indicators are two different approaches used in technical analysis to analyze financial markets, including stocks, forex, and commodities. Both have their uses but have limitations…
NIFTY Opening On 6th April 2023 1
NIFTY Opening On 6th April 2023
We may have completed the 1st in the series of forthcoming IMPULSE waves and now should correct as shown above before resumption of the bull run. Below is a small…
NIFTY Opening On 5th April 2023 1
NIFTY Opening On 5th April 2023
We have completed one pattern on the downward side at the point marked "Z" in the chart above. Subsequently, we pushed upward and now are nearly 600 points above the…
NASDAQ Opening On 3rd April 2023 1
NASDAQ Opening On 3rd April 2023
Considering recent price action, we must consider the POSSIBLE completion of correction at the last low. HOWEVER please see my last article dated 18th march 2023 "Character of 4th and…
GOLD FUTURES Opening On 3rd APRIL 2023
GOLD FUTURES Opening On 3rd APRIL 2023
I have taken the ongoing upmove as a supercycle wave where wave 1 of the ongoing supercycle wave (III) is in progress. In the short term foresee a correction and…