NIFTY Opening On 11th August 2023
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 - 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…
The triple zigzag correction already commenced for Nifty doesn't seem to be completed and we have another wave down pending as shown above. If the above count is correct, we…
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-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 - The first chart is an overview and the 2nd one is based on immediate price action. The bottom made yesterday already falls precisely on the first fibbonacci level.…
NIFTY - In the second chart, I have shown the blowup of very recent price action. The gap downfall was followed by a falling triangle which is mostly expected. The…
NIFTY - I have given two charts above for NIFTY. The second one is the zoomed-in of the latest price actionThe correction which started on Friday in all probability is…
NIFTY - Markets rose yesterday, to complete the minute wave iii (encircled and green. To distinguish AND EASY TO UNDERSTAND I have given different arbitrary coloring for different sections). This…