NIFTY Opening On 20th Oct 2023
Nifty Above I have given very short term analysis of Nifty. We may open down but markets may try to recover during the day . However the EVENTUAL downside as…
Nifty Above I have given very short term analysis of Nifty. We may open down but markets may try to recover during the day . However the EVENTUAL downside as…
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 - Are we onto a 5 wave move from the low of 19335 OR a 3 wave move for which the C wave marked in red is completed. Elliot…
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.…
NIFTY - NEAR TERM BULLISHNifty - This can be seen from the 3rd chart given above. The 1st long term chart needs more price action to complete any significant pattern.…
Nifty - As discussed yesterday , had given a call for market fall till around 19200. Still expecting same.Discussion in markets about state of NEGATIVE world economic situation. Agree with…
Nifty C waves normally are extensive although at times may finish abruptly. To be on the safe side look at bottom of around 9200 0r so.
Nifty - The fall from 20000 plus has been almost a vertical one. These vertical falls invariably end up in some sort of triangle (Like brakes being applied). MOST LIKELY…
Nifty - I am assuming the full impulse having completed at point marked "1" in red. Now therefore we must correct the full length of this impulse waveThe ongoing correction…
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…