NIFTY Opening On 16th June 2023
Nifty - Markets in all likelihood to cross the all-time high at around 18900 soon. I have given the count in red within the triangle drawn. However, the triangle being…
Nifty - Markets in all likelihood to cross the all-time high at around 18900 soon. I have given the count in red within the triangle drawn. However, the triangle being…
As discussed yesterday, Nifty spent some time correcting upwards into wave 4 in what looks like a zigzag correction. The last leg of this UPWARD correction can go even till…
In the chart above I have shown the Nifty wave "c" unfolding downwards as part of a flat correction. The downward movement should be swift and should finish in 3-4…
Nifty - I have marked as wave "x" the last upswing, as giving an indication of a double (triple zigzag?) In case it is we should correct as above and…
Wave 3 Nifty has extended as shown. Extensions CAN occur in wave 3's. A lot of overlapping at present levels, with markets being egged on by short covering. Correction should…
The basic underlying count remains the same - that is we are correcting as a zig zag pattern . The lower end of Z now revised to 16600 or so.…