NASDAQ Opening On 8th May 2023
NASDAQ Opening On 8th May 2023
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 Analysis
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.…
NASDAQ Opening On 1st May 2023
NASDAQ Opening On 1st May 2023
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…
Range Of Possibilities In Technical Analysis
Range Of Possibilities In Technical Analysis
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…
NIFTY Opening On 1.05.2023
NIFTY Opening On 1.05.2023
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…
RISK REWARD Ratio In Trading
RISK REWARD Ratio In Trading
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…
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NIFTY Opening On 27th Feb 2023
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…
nasdaq opening on 30th jan correcting
ELLIOT Wave Analysis , the barometer for mass human emotions
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…
NIFTY Opening On 16th january
Above is Nifty long term
NIFTY Opening On 16th january
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 .