NIFTY Opening On 8th August 2023
NIFTY-Above I have taken the full correction as a triple zigzag and the present upswing as wave 1 of the bull market.This whole wave count automatically gets cancelled in case…
NIFTY-Above I have taken the full correction as a triple zigzag and the present upswing as wave 1 of the bull market.This whole wave count automatically gets cancelled in case…
Nifty-The markets corrected as predicted. However, the correction may be a bit deeper considering all parameters. I have changed the wave count slightly and now wave 4 coming down FOR…
Nifty-The basic bullish count remains intact. However, we are now correcting the impulse wave which commenced at the point marked ivThis correction looks like a zigzag and should end somewhere…
Nifty-Looking at the previous price action it does seem that we have more legs for the markets going up, before any noteworthy correction. The orange box I have given above…
NIFTY-Wave 4 may not have completed as shown above. The reasoning is that the last two waves are not convincingly impulsive (look more like 3 waves.)Whatever the case may be,…
Nifty-Yesterday I had given a possibility of markets correcting till 19600 (the blue alternative) WITHIN its journey upwards. This is towards the completion of wave 4.Has the wave 4 completed…
Nifty-I have given two possibilities above in red and blue. Please see the red and blue markings in isolation to understand better.The red count.Here the correction is over and the…
NIFTY - In the second chart, I have shown the blowup of very recent price action. The gap downfall was followed by a falling triangle which is mostly expected. The…
NIFTY - I have given two charts above for NIFTY. The second one is the zoomed-in of the latest price actionThe correction which started on Friday in all probability is…
NIFTY - Markets rose yesterday, to complete the minute wave iii (encircled and green. To distinguish AND EASY TO UNDERSTAND I have given different arbitrary coloring for different sections). This…
NIFTY - I have given two charts above which are self-explanatory. The 1st one is showing price action from the March bottom at around 18600. The 2nd one shows more…
NIFTY - I have given 3 charts above. The 1st one is birds eye view, the 2nd zeroed in and the 3rd my own observation whenever a triangle is made.…