NIFTY Opening On 4th May 2023
I have given two charts above. The 1st one is the current RECENT price action and the second is a bird's eye view of the impulse wave which commenced from…
I have given two charts above. The 1st one is the current RECENT price action and the second is a bird's eye view of the impulse wave which commenced from…
In my previous analysis , I had mentioned the possibility of wave 3 and wave 5 extending, (both on smaller and larger degree). I had also stated the possibility of…
In my last Nifty analysis, I mentioned that wave 5 on a smaller scale is showing signs of extending. I had also shown the extent to which it can rise.…
In my previous Nifty analysis, I mentioned the possibility of markets having made a bottom or very close to the bottom. Markets rose as expected and now we are somewhere…
Nifty - Markets are in the process of completing an expanded triangle, where the last leg of wave "e" is on. The culmination of this triangle will mark the completion…
NIFTY - Correction is overdue by conventional indicators as overbought on both a daily and hourly basis. Elliot's count can extend on the 3rd wave but shows signs of weakness.…
NIFTY Overbought both on an hourly and daily basis. Elliot wave count shows the completion of minor wave 3 and we should correct it from somewhere here.The correction when it…
Wave 3 is now overdue for completion and we should be correcting it anytime soon as shown. However, Wave 5 when it comes should extend, taking us near/beyond 18000 as…
There is a good probability that the markets MAY have reached a bottom OR are very near the bottom. This is deduced from the fact that there are multiple signs…
Above is the alternative view of Nifty on 27th march 2023. In this, I have taken the whole move down as an ABC wave. The near result is the same…
Nifty has either completed the 5 ways up OR is in the process of completing it. Either way, we should see a correction today or tomorrow