NIFTY Opening On 27th March 2023
The markets are oversold on an hourly basis and expect a pullback anytime soon. However, now considering a deeper final cut once the pullback is completed as shown above.
The markets are oversold on an hourly basis and expect a pullback anytime soon. However, now considering a deeper final cut once the pullback is completed as shown above.
Nifty has either completed the 5 ways up OR is in the process of completing it. Either way, we should see a correction today or tomorrow
As expected the NIFTY rose as part of an expanded flat with wave c NOW in the process of finishing. It can either move sideways for a day or two…
For the current analysis considering the price action since last two weeks only. The impulse wave down is now correcting upwards and may correct till/within the orange rectangle drawn as…
With yesterdays bottom, and A exactly equal to B, raises the question, if this bottom signifies the ending of the zig zag correction.Volatility due to events unfolding , warrants a…
Yesterday , had pointed out change in wave count during mid day. Above is the new count where wave IV down is still under way.We may or may not have…
The zigzag correction seems to be completed OR very close to completion. From around here the markets should start there upward journey.One more review required at the area marked by…
As previously mentioned, we are onto a downward move in a triple zigzag , with the final Z still to come. Above are two alternate downward moves .REDHere we can…
The basic underlying count remains the same - that is we are correcting as a zig zag pattern . The lower end of Z now revised to 16600 or so.…
Please co relate with previous analysisI have given two alternative ROUTES for achieving 17900 plus. In the red, wave iv is already completed and in the blue one yet to…