NIFTY Opening On 3rd Oct 2023
Nifty C waves normally are extensive although at times may finish abruptly. To be on the safe side look at bottom of around 9200 0r so.
Nifty C waves normally are extensive although at times may finish abruptly. To be on the safe side look at bottom of around 9200 0r so.
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 - 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 - 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 Looks like wave 4 correction not over as yet. Probably today and tomorrow, we MAY touch the upper end of the triangle, before coming down again.
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-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 Correction is not completed yet as is evident from the chart above.