NIFTY Opening On 26th June 2023
Nifty - The count remains the same as before as that of an extended flat formation, in which wave "c" is underway. We should in all probability continue our correction…
Nifty - The count remains the same as before as that of an extended flat formation, in which wave "c" is underway. We should in all probability continue our correction…
Nifty - The markets came to a touching distance of an all-time high and then started correcting.I have given the above two possibilities in orange and purple. Nifty - PURPLE…
Nifty - We need to consider the extension of the 1st wave finishing at minor wave 5 shown in blue. However, BEFORE the extension can commence UPWARDS we are looking…
As shown above, Nifty markets clearly AIMING to take out the "All Time High". This may happen this week or early next week. The triangle shown above can be taken…
As discussed yesterday, Nifty spent some time correcting upwards into wave 4 in what looks like a zigzag correction. The last leg of this UPWARD correction can go even till…
Nifty - Expecting EITHER a 5 wave move down (wave 3 is completed ) OR a triple zigzag (where the 1st ABC is completed(have not marked on chart) Either way,…
As mentioned in my previous Nifty post, we are in all probability into the BULL RUN, where we have completed the correction to the 1st impulse wave around 20th May…
Looking at recent Nifty price action seems to be a rising converging triangle which will mark wave 5 ending on a smaller scale. This expected rise should take us beyond…
Markets behaving on predicted lines . Yesterdays fall seen as part of the 'D' leg of the ongoing finishing triangle as shown above.The D leg should finish around end of…
Markets are clearly overbought on almost all indicators.Markets are clearly overbought on almost all indicators. On the wave count I have drawn a POSSIBLE expanded triangle in the making where…
I have given three charts in succession in larger to smaller time frame in context. The 3 charts give in detail my views on developing bull market in the LARGER…
Yesterday I had mentioned two aspects of my current analysis1. We are in a bull run2. The correction will take the shape of EITHER a single zigzag or a triple…