Nifty - To explain the above chart, we need to look at 3 aspects1. The markets are overbought (Although markets can remain in overbought/oversold territory for long time. So should…
NIFTY Opening On 21st Nov 2023 BEFORE considering a full impulse, we must consider an X wave as marked above. In that CONTEXT, we can rise as shown above before…
Nifty - The much awaited impulse completion done in all probability yesterday. Now the markets must correct as shown above. In all likelihood we are correcting into a bullish scenerio.…
Nifty - The minute 5th wave extended. Markets in overbought territory. However further extension cannot be ruled out, which we can only come to know in intraday.Given the best plausible…
NIFTY - As discussed earlier, we in all probability , are completing the triangle shown above which can be EITHER a 1. Culminating triangleOR2. Wave 1 of a 5th cycle…
Nifty - I have given both the long term (the 1st chart) and the short term (the 2nd chart) above.In the earlier analysis , I had discussed the EXPECTED pullback…
NIFTY-Yesterday I had mentioned the formation of CULMINATING expanded triangle. I had also mentioned that the last leg of the 5 wave move or wave 'e' can finish BEFORE touching…
NIFTY - Above I have given two charts for Nifty. The 1st one is showing the completion of ABC wave down and thereafter an upmove.In the 2nd chart I have…
NIFTY moved up on fast track as predicted. However , like NASDAQ, need confirmation as to the 3 wave move. Until now it does seem a ABC move. However will…
Nifty - Markets are clearly overbought but the ongoing momentum coupled with short covering can take it higher. Normally WHENEVER we see a sign of tiredness (the 1st relatively bigger…
NIFTY Opening On 3rd Nov 2023 More upside on the cards to complete wave X (and also the ivth leg of the developing triangle.) Normally , the upward move under…
NIFTY - We are now poised for a pullback in the form of wave X. The downward move THEREAFTER is still anticipated , with a double or most likely triple…