NIFTY Opening On 29th Sep 2023
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 - 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 - Although the markets are oversold, considering the almost vertical downside till now, we must assume more downside UNLESS the point marked B is breached upwards. I have given…
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 - In the 1st chart i have shown the ongoing impulse wave, which with due corrections , will continue upwards for quite some time. In the immediate, we may…
Nifty - Yesterdays triangular formation wave count is invalidated and now we have a clear impulse wave going up. Today the markets may or may not remain subdued and may…
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 - The correction within the Cycle Wave IV is ongoing. The down target of 19000-19150 is very much valid and is a possibility. Within this ongoing correction, we should…
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…