daily nifty analysis

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…

I have given two alternate counts above , in red and blue. Both have equal weightage and both are bullish in the long term , but presently IN CORRECTION.THE RED…

Most likely , the current previous upmove was an X wave (instead of a simple B wave. ) The downward move should then be a continuation of the correction and…

I had mentioned yesterday a distinct possibility of an X wave forming. "X" waves as mentioned earlier are "interrupters" of a larger progression in the opposite direction. Larger the size…

The markets went up exactly as predicted. This upward correction to THE DOWNWARD TREND MAY OR MAYNOT yet be completed . We EITHER have the abc correction already completed ,…

The trend is down , though markets MAY move sideways today. An upward pullback can happen once the markets touch 18050 or so. Presently the full fall looks like a…