GOLD Analysis
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.…
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…
I Have given two alternatives above. In both these alternatives it is assumed that wave IV is already completed and wave V in progress. Within the wave V wave 1…
Ralph Nelson Elliot, born in USA, developed his wave theory in 1930's, after he discovered that stock markets go up and down in repetitive patterns . He also noticed that…
Above is Nifty long term
Long term view above. The end of covid fall is assumed as cycle wave IV. Markets ready to move up .? Possible movement today. Markets overall bullish .
Above is a long term wave count on Nifty. As per the above elliot count, it MAY not be the end of the road with next big correction and the…