NIFTY Opening On 7th Dec 2023 PLEASE READ THE DISCLAIMER IN FOOTNOTE Elliot Wave Analysis is subjective- Different interpretations can be done with the same long term chart . However,…
NIFTY Opening On 6th Dec 2023 Please refer to long term chart given in previous updates , where I have mentioned the triangular formation. There is an overthrow above the…
NIFTY - The wave count points towards a completion of a major segment. In the long term chart given at the top, there are two alternate views. Even in that…
Nifty - In my previous post I have mentioned a POSSIBLE ending triangle in the making. I also mentioned that we can take advantage of the moves WITHIN THE TRIANGLE.Markets…
Nifty - The current impulse wave seems to be extending. How much will it extend? Many probabilities in this. However one MUST consider the formation of an ending triangle which…
Nifty - Whether an impulse OR a corrective, we will come to know soon enough. For current , 2nd chart needs to be observed. Upside seen in immediate to move…
NIFTY - Until proven otherwise, still considering a three wave move up with wave C near completion as shown above.
Nifty - To explain the above chart, we need to look at 3 aspects1. The markets are overbought (Although markets can remain in overbought/oversold territory for long time. So should…
Nifty - I have given both the long term (the 1st chart) and the short term (the 2nd chart) above.In the earlier analysis , I had discussed the EXPECTED pullback…
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 Opening On 3rd Nov 2023 More upside on the cards to complete wave X (and also the ivth leg of the developing triangle.) Normally , the upward move under…