NIFTY Opening On 18th Sep 2023
Nifty-I have drawn two expanding triangles , red and blue. THE RED EXPANDING TRIANGLE ABOVEHere the price hasnt touched the upper boundary as yet. However in expanding triangles it is…
Nifty-I have drawn two expanding triangles , red and blue. THE RED EXPANDING TRIANGLE ABOVEHere the price hasnt touched the upper boundary as yet. However in expanding triangles it is…
Reliance Wave Count - MAKE YOUR OWN INTERPRETATION
ITC Wave Count - Make your own interpretation
Nifty - We have run up from the baseline(marked wave 2 in blue) almost in a vertical line. This rise of 900 points has been almost without breaks. Huge rises…
Elliott Wave theory is known to have a subjective aspect to it, which can make it challenging, especially for novice traders. Having a mentor is a must , who through…
A pull back is expected which may not last for too long. We should get into the falling mode once again either by this afternoon or tomorrow. Today is clearing…
As mentioned in my last analysis on Nasdaq, the bottom was already made in Nasdaq for the ensuing bullish cycle wave V. However like always we need to keep a…
Gold , as stated earlier is on a bull run (notwithstanding intermittent corrections). As per above count we have the wave 5 probably extending , as indicated by the subwaves.…
I have changed the wave count to allign with the recent price action. The overall bullish scenerio remains the same.I have shifted the position of "Z" as the current price…
Technical Analysis can be broadly divided into two categories, "Trend and momentum following indicators""Predicting with repeated patterns (Elliot Wave )"The 1st one has a huge inventory of indicators. The technical…
In my previous analysis , I had mentioned the possibility of wave 3 and wave 5 extending, (both on smaller and larger degree). I had also stated the possibility of…
Trading in Stock markets, especially with derivatives has inherent risks. These risks can be mitigated by careful planning with the "Size Of Trade" and where one perceives the market to…