Nifty-I have drawn two expanding triangles , red and blue. THE RED EXPANDING TRIANGLE ABOVEHere the price hasnt touched the upper boundary as yet. However in expanding triangles it is…
Nifty - Markets MAY not be ready to correct as yet. However, it was very much overbought. Yesterday's price action points toward the final v-wave formation shown in blue.However, any…
Nifty - In order to have a perspective, have given above the long-term view again.Below is the normal short-term view Important points for short-term view1. Currently we are in the…
Nifty - In the 1st chart i have shown the ongoing impulse wave, which with due corrections , will continue upwards for quite some time. In the immediate, we may…
Nifty - Yesterdays triangular formation wave count is invalidated and now we have a clear impulse wave going up. Today the markets may or may not remain subdued and may…
Nifty - An expanded finishing triangle at the top boundary of the main triangle happened yesterday. Most likely now the markets are ripe to fall to the lower boundary of…
Nifty Looks like wave 4 correction not over as yet. Probably today and tomorrow, we MAY touch the upper end of the triangle, before coming down again.
Nifty-Has the cycle wave IV completed? Or are we going to make some of an expanded wave 'C ' upwards and then come down for another round of correction.Whatever the…
Nifty - Most Probably a pullback on the cards as shown above and then to complete the pending correction down as shown above.
Nifty - The correction within the Cycle Wave IV is ongoing. The down target of 19000-19150 is very much valid and is a possibility. Within this ongoing correction, we should…
Nifty - With yesterday's price action the wave count changed as shown above BUT the downward target of 19150 holds good. Also, the premise that the current fall from the…
Nifty Correction is not completed yet as is evident from the chart above.