NIFTY Opening On 18th Dec 2023
NIFTY Opening On 18th Dec 2023 Most likely we are near the end of the present impulse wave which commenced from 20800 or so. Another 100 -200 points bump up…
NIFTY Opening On 18th Dec 2023 Most likely we are near the end of the present impulse wave which commenced from 20800 or so. Another 100 -200 points bump up…
Nifty - Most likely , looking at correction within the ongoing bull run. The correction this time MAY be a complete impulse wave down , if we consider the formation…
NIFTY Opening On 11th Dec 2023 PLEASE READ THE DISCLAIMER IN FOOTNOTE The 5th wave extended and the momentum can take the markets even a little higher. However markets should…
NIFTY Opening On 7th Dec 2023 PLEASE READ THE DISCLAIMER IN FOOTNOTE Elliot Wave Analysis is subjective- Different interpretations can be done with the same long term chart . However,…
NIFTY Opening On 6th Dec 2023 Please refer to long term chart given in previous updates , where I have mentioned the triangular formation. There is an overthrow above the…
NIFTY - The wave count points towards a completion of a major segment. In the long term chart given at the top, there are two alternate views. Even in that…
Nifty - If we consider the ending triangle being formed, WITHIN the triangle we have more upside remaining , but not before a 100-200 point correction as shown. The final…
Nifty - The current impulse wave seems to be extending. How much will it extend? Many probabilities in this. However one MUST consider the formation of an ending triangle which…
Nifty - Whether an impulse OR a corrective, we will come to know soon enough. For current , 2nd chart needs to be observed. Upside seen in immediate to move…
NIFTY - Until proven otherwise, still considering a three wave move up with wave C near completion as shown above.
Nifty - To explain the above chart, we need to look at 3 aspects1. The markets are overbought (Although markets can remain in overbought/oversold territory for long time. So should…
NIFTY Opening On 21st Nov 2023 BEFORE considering a full impulse, we must consider an X wave as marked above. In that CONTEXT, we can rise as shown above before…