NIFTY Opening On 31st Aug 2023
Nifty - We may have a rise today on opening , which will not sustain. However today is settlement day so expect volatility in both directions. We are in the…
Nifty - We may have a rise today on opening , which will not sustain. However today is settlement day so expect volatility in both directions. We are in the…
Nifty - For continuance, please refer to the previous post as well on NIFTYAs explained earlier, markets are on a clear impulse wave, which in all probability signifies a very…
As discussed yesterday, Nifty spent some time correcting upwards into wave 4 in what looks like a zigzag correction. The last leg of this UPWARD correction can go even till…
Nifty is now near completion of the impulse wave which commenced around the 20th of March. Presently it needs to complete the ongoing triangle which it should do by FIRST…
Nifty took a correction but rose again with a smaller impulse showing not ready to give up. Markets are overbought both on hourly and daily time frames. Considering "minor" waves…
In my previous post I had mentioned the possible bottoming out. In this regard I had explained the construct of an expanded triangle.(Given in orange in above figure) Had also…