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 - I have given the main count in blue where we are in the last stages of completing the corrective wave 4. However presently within this correction, we should…
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-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-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 - The first chart is an overview and the 2nd one is based on immediate price action. The bottom made yesterday already falls precisely on the first fibbonacci level.…
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 - 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 two charts above the second being the zoomed-in one.There MAY be an intermittent mini-correction during the day. Otherwise, foresee markets carrying along in the upward…
NIFTY ANALYSIS - In all likelihood, we have completed the correction as a flat correction into wave 4 WITHIN the orange rectangle I had drawn before. Though the ending triangle…
Nifty has completed the 5 waves and the 5-wave triangle (drawn in red above) as expected. Now in all probability, we must correct the full length of the impulse wave.…