NIFTY Opening On 15th Feb 2023
NIFTY had a good run up yesterday , more likely due to being oversold. The whole structure marked 1-2, 1-2 is still taken as a corrective segment , and the…
NIFTY had a good run up yesterday , more likely due to being oversold. The whole structure marked 1-2, 1-2 is still taken as a corrective segment , and the…
Above is near term count at 10 am.The above count is invalidated above 17900
As discussed in all our previous analysis , We have the "C" Wave progressing down. In this impulsive wave, wave -3 in progress now.
The 1st Chart above gives the PROBABLE making of a multi month flat, in which the final Wave C has already commenced somewhere in December 2022 and wave 3 downwards…
Considering above count as an impulse wave down where at present we are having a zig zag correction into the smaller wave 2 in a triple combination. IF this count…
The move up is in all probability a corrective one and the only question remains is if this is a double zigzag ending in y or triple zigzag(where another corrective…
NIFTY Opening On 6th Feb, The Previous day's rise is seen as a PART OF the corrective wave 2. Now expect fall from here onwards. This count is invalidated above…
Nifty intraday can go up to 17800 as part of the final z wave up
See this analysis in conjunction with the previous analysis. Nifty to correct further as shown above, notwithstanding a flat closing OR rising a bit more today.
The downside I am considering as an impulse wave in a large flat triangle. This impulse wave should in all probability can even touch 16000-16500 levels. Giving the blow up…