The recent price action and financial news , pushes the correction to be deeper as shown above. However markets may have huge intermittent volatility. The constituent stocks may have a…
I have marked the alternatives in red. Both alternatives point Finally downwards. 20050 marks a resistance level where we can see a possible pullback.
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 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 - We may have a rise today on opening , which will not sustain. However today is settlement day so expect volatility in both directions. We are in the…
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 - 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.
Nifty - As per the latest wave count, foresee another POSSIBLE 2-300 points down to levels shown above into the wave 4. See a similar wave count in NASDAQ