NIFTY Opening On 3rd May 2023
Markets have taken a pause at current levels and SEEM has completed 5 waves of smaller degrees. I have drawn the Fibonacci ratios at all relevant points on the chart…
Markets have taken a pause at current levels and SEEM has completed 5 waves of smaller degrees. I have drawn the Fibonacci ratios at all relevant points on the chart…
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…
In my last Nifty analysis, I mentioned that wave 5 on a smaller scale is showing signs of extending. I had also shown the extent to which it can rise.…
In my previous Nifty analysis, I mentioned the possibility of markets having made a bottom or very close to the bottom. Markets rose as expected and now we are somewhere…
The previous trading day showed a corrective upwards. Now the downward move should resume, Is this part of a LARGER wave 3 or just a 5-wave move downwards ending as…
NIFTY - Correction is overdue by conventional indicators as overbought on both a daily and hourly basis. Elliot's count can extend on the 3rd wave but shows signs of weakness.…
We have completed one pattern on the downward side at the point marked "Z" in the chart above. Subsequently, we pushed upward and now are nearly 600 points above the…
In my previous post I had mentioned the possible bottoming out. In this regard I had explained the construct of an expanded triangle.(Given in orange in above figure) Had also…
As discussed before, the downside can be flat with the C wave coming down. The ending of this wave will signify the culmination of wave IV.Today the markets can again…
Nifty has either completed the 5 ways up OR is in the process of completing it. Either way, we should see a correction today or tomorrow
As expected the NIFTY rose as part of an expanded flat with wave c NOW in the process of finishing. It can either move sideways for a day or two…