NIFTY Opening 25th Sep 2023
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 - 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…
Nifty Correction is not completed yet as is evident from the chart above.
The triple zigzag correction already commenced for Nifty doesn't seem to be completed and we have another wave down pending as shown above. If the above count is correct, we…