NIFTY Opening On 20th March 2023
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…
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Character Of 4th and 5th Wave In Elliot Wave Analysis
The basic purpose of this article is to discover for oneself when to be 'cautious' in the markets. We normally in due course get used to the fact that markets…
NIFTY Opening On 17th March 2023
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…
NIFTY Opening On 16th March 2023
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…
NASDAQ Opening On 15th March 2023
NASDAQ Opening On 15th March 2023
It is my opinion that Nasdaq still has correction pending as shown above, with a complex correction. We should resume correction from levels of around 11700 or so.
NIFTY Opening On 15th March
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…
NIFTY Opening On 13th March 2023
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…
NIFTY Opening On 10th March 2023
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.…
NIFTY Opening On 9th March 2023
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…
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Why a strategy built on stoplosses will always fail.
Every trader , during his trading experience has gone through losses which he could have saved if he had held on for another day or two. However if the markets…
NASDAQ Opening On 7th March 2023
NASDAQ Opening On 7th March 2023
NASDAQ wave count remains the same, still expecting the last downward spiral into wave Z. Post that we should expect to climb upwards as shown above