NIFTY Opening On 10th Nov 2023
NIFTY-Yesterday I had mentioned the formation of CULMINATING expanded triangle. I had also mentioned that the last leg of the 5 wave move or wave 'e' can finish BEFORE touching…
NIFTY-Yesterday I had mentioned the formation of CULMINATING expanded triangle. I had also mentioned that the last leg of the 5 wave move or wave 'e' can finish BEFORE touching…
NIFTY moved up on fast track as predicted. However , like NASDAQ, need confirmation as to the 3 wave move. Until now it does seem a ABC move. However will…
Nifty - Markets are clearly overbought but the ongoing momentum coupled with short covering can take it higher. Normally WHENEVER we see a sign of tiredness (the 1st relatively bigger…
NIFTY - We are now poised for a pullback in the form of wave X. The downward move THEREAFTER is still anticipated , with a double or most likely triple…
Nifty - I have given 3 alternatives above for nifty. All three have one thing in common. That the correction is going to be deeper.
Nifty - Normally a selloff like this creates a "catching a falling knife syndrome". The only thing it points at is that the markets are VERY jittery . However a…
NIFTY Opening On 25th Oct 2023 Nifty In the 1st chart above I have given the long term view. Here, wave IV is still to complete with an extended ABC…
Nifty - The 1st chart is depicting the long term view, where i have given the blue count (cycle wave V is completed) and the red count (cycle wave III…
NIFTY - In all probability , irrespective of any up-down move in near future, it will be prudent to take the large amplitude triangle formation marked abcde, as a culmination…
NIFTY - It may be within the range of possibilities that wave IV has not completed as yet and we may ratchet downwards as indicated above
Nifty - Markets seem to have taken the Hamas attack in their stride. As mentioned , markets shud make up for the lost time now
Nifty - Effect of Israel Palestine WarDoes Elliot Wave work during unfolding of an Event. Initial shock, sinking in , reaction can all affect the market. Events influence market sentiments.…