NIFTY Opening On 4th May 2023 1
NIFTY Opening On 4th May 2023
I have given two charts above. The 1st one is the current RECENT price action and the second is a bird's eye view of the impulse wave which commenced from…
NIFTY Opening On 3rd May 2023
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…
NIFTY Opening On 27th April 2023
NIFTY Opening On 27th April 2023
Nifty took a correction but rose again with a smaller impulse showing not ready to give up. Markets are overbought both on hourly and daily time frames. Considering "minor" waves…
NIFTY Opening On 25th April 2023
NIFTY Opening On 25th April 2023
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…
NIFTY Opening On 3rd April 2023
NIFTY Opening On 3rd April 2023
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…
NIFTY Opening On 28th March 2023
NIFTY Opening On 28th March 2023
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 Opening On 27th March Alternative View
NIFTY Opening On 27th March Alternative View
Above is the alternative view of Nifty on 27th march 2023. In this, I have taken the whole move down as an ABC wave. The near result is the same…
NIFTY Opening On 27th March 2023 2
NIFTY Opening On 27th March 2023
The markets are oversold on an hourly basis and expect a pullback anytime soon. However, now considering a deeper final cut once the pullback is completed as shown above.
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