NIFTY Opening On 14th Aug 2023
NIFTY - POINTS TO NOTE1. The fall from high of nearly 20000, has been a corrective one and in no way looks like an impulsive wave.2. We are PROBABLY very…
NIFTY - POINTS TO NOTE1. The fall from high of nearly 20000, has been a corrective one and in no way looks like an impulsive wave.2. We are PROBABLY very…
Nifty - Yesterday's price action warrants a relook at the size and nature of the correction. We are very much in the 5th cycle wave bull run BUT the present…
Nifty took a bounce yesterday very close to the bottom predicted. Now, this bounce is taken as wave 1, and if true, this will be the start of the resumption…
The triple zigzag correction already commenced for Nifty doesn't seem to be completed and we have another wave down pending as shown above. If the above count is correct, we…
NIFTY-Above I have taken the full correction as a triple zigzag and the present upswing as wave 1 of the bull market.This whole wave count automatically gets cancelled in case…
Nifty - I have given the main count in blue where we are in the last stages of completing the corrective wave 4. However presently within this correction, we should…
Nifty-The markets corrected as predicted. However, the correction may be a bit deeper considering all parameters. I have changed the wave count slightly and now wave 4 coming down FOR…
Nifty-The basic bullish count remains intact. However, we are now correcting the impulse wave which commenced at the point marked ivThis correction looks like a zigzag and should end somewhere…
Nifty-Looking at the previous price action it does seem that we have more legs for the markets going up, before any noteworthy correction. The orange box I have given above…
NIFTY-Wave 4 may not have completed as shown above. The reasoning is that the last two waves are not convincingly impulsive (look more like 3 waves.)Whatever the case may be,…
Nifty-Yesterday I had given a possibility of markets correcting till 19600 (the blue alternative) WITHIN its journey upwards. This is towards the completion of wave 4.Has the wave 4 completed…
Nifty-I have given two possibilities above in red and blue. Please see the red and blue markings in isolation to understand better.The red count.Here the correction is over and the…