Nifty Opening On 16th Aug 2023
Nifty - The low of 14th (around 19250) acted as a bottom, as predicted, and now there is a clear impulse wave from thereon. As long as that low around…
Nifty - The low of 14th (around 19250) acted as a bottom, as predicted, and now there is a clear impulse wave from thereon. As long as that low around…
NIFTY - POINTS TO NOTE1. The fall from high of nearly 20000, has been a corrective one and in no way looks like an impulsive wave.2. We are PROBABLY very…
Nifty - Yesterday's price action warrants a relook at the size and nature of the correction. We are very much in the 5th cycle wave bull run BUT the present…
Nifty took a bounce yesterday very close to the bottom predicted. Now, this bounce is taken as wave 1, and if true, this will be the start of the resumption…
NIFTY-Above I have taken the full correction as a triple zigzag and the present upswing as wave 1 of the bull market.This whole wave count automatically gets cancelled in case…
Nifty - I have given the main count in blue where we are in the last stages of completing the corrective wave 4. However presently within this correction, we should…
Nifty-The markets corrected as predicted. However, the correction may be a bit deeper considering all parameters. I have changed the wave count slightly and now wave 4 coming down FOR…
Nifty-The basic bullish count remains intact. However, we are now correcting the impulse wave which commenced at the point marked ivThis correction looks like a zigzag and should end somewhere…
Nifty-Looking at the previous price action it does seem that we have more legs for the markets going up, before any noteworthy correction. The orange box I have given above…
NIFTY-Wave 4 may not have completed as shown above. The reasoning is that the last two waves are not convincingly impulsive (look more like 3 waves.)Whatever the case may be,…
Nifty-Yesterday I had given a possibility of markets correcting till 19600 (the blue alternative) WITHIN its journey upwards. This is towards the completion of wave 4.Has the wave 4 completed…
Nifty-I have given two possibilities above in red and blue. Please see the red and blue markings in isolation to understand better.The red count.Here the correction is over and the…