NIFTY Near Term Analysis 14th Feb at 10 am
Above is near term count at 10 am.The above count is invalidated above 17900
Above is near term count at 10 am.The above count is invalidated above 17900
NASDAQ Completing the wave Z down in the triple zigzag series. In all probability should fall down further before correction into wave IV is over.
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.
NASDAQ It rose 3 percent plus. Question arises -is the correction over. MOST LIKELY NOT. Need to watch carefully price action next one-two days. Till now it seems to be…