NIFTY

AT TIMES THE MOST LIKELY IS THE LEAST VISIBLE

  • In the month of May,the sudden rise within extreme volatility gives rise to POSSIBILITY of an upward corrective wave and possible later formation of a large flat correction.
  • If our contention of a completing phase of a B wave of an ongoing FLAT CORRECTION is correct, then the markets may be on to completing a rising ending triangle of the B wave . If this ASSUMPTION is correct then the markets after falling to sub 25000 levels should rise again to complete the ending triangle and may even touch 26400 levels
  • However ONCE the downward C wave starts thereafter, it will be easily recognizable as an ongoing downward impulse wave with extensions.

Silver Long Term And Medium Term Perspective Today dtd 24-11-2025

Silver Long Term

SILVER 1

Silver Medium Term

SILVER 2

  • Silver may move to complete an ongoing triangle.
  • The triangle can be upward slanting too
  • In case of upward slanting, it may give a false sense of bull resumption.

Gold Medium Term Perspective Today dtd 24-11-2025

GOLD

TIME FOR REST FOR GOLD

  • Most likely gold may correct as overbought.
  • In elliot perspective , correction downwards to wave IV
  • Once wave iv completed , wave v to start upwards