NIFTY Opening On 17th May 2023
NIFTY Opening On 17th May 2023
Today's NIFTY ANALYSIS. Both the 3rd wave and the 5th wave have extended which shows a PROBABLE STRONG BULL RUN. However WITHIN this bull run the markets should correct the…
NIFTY Opening On 15th May 2023 2
NIFTY Opening On 15th May 2023
The sudden rise on Friday AFTER the initial fall can be taken as part of a "FLAT" correction. The flat correction has 3 legs and the upward last leg of…
NIFTY Opening On 12th May 2023
NIFTY Opening On 12th May 2023
As mentioned in my previous update, markets tried to test the upper boundary of the ending triangle, but failed to do so and collapsed finally. At times there is another…
NIFTY Opening On 11th May 2023 1
NIFTY Opening On 11th May 2023
Markets may test the upper boundary of the expanded triangle abcde. This happens frequently but is not a norm. Presently big possibility of same. Therefore we MAY see another rise…
NIFTY Opening On 10th May 2023 1
NIFTY Opening On 10th May 2023
Markets in all probability now correcting the full impulse wave which commenced from low of 16835 and completed at 18345. This correction as mentioned earlier can be from 25 to…
NASDAQ Opening On 8th May 2023
NASDAQ Opening On 8th May 2023
As mentioned in my last analysis on Nasdaq, the bottom was already made in Nasdaq for the ensuing bullish cycle wave V. However like always we need to keep a…
NIFTY Opening On 8th May 2023
NIFTY Opening On 8th May 2023
Friday's price action marked a PAUSE. The basic analytical structure remains the same. Markets may move up as shown above but the DOWNSIDE is open for the MAIN correction of…
NIFTY Opening On 5th May 2023
NIFTY Opening On 5th May 2023
The 5th wave was further extended yesterday PROBABLY due to short covering. The market is definitely overbought both on an hourly and daily basis.Timing the 5th wave in Elliott Wave…
NIFTY Opening On 4th May 2023 1
NIFTY Opening On 4th May 2023
I have given two charts above. The 1st one is the current RECENT price action and the second is a bird's eye view of the impulse wave which commenced from…
NIFTY Opening On 3rd May 2023
NIFTY Opening On 3rd May 2023
Markets have taken a pause at current levels and SEEM has completed 5 waves of smaller degrees. I have drawn the Fibonacci ratios at all relevant points on the chart…