NIFTY Opening On 27th June 2023
Nifty - We had earlier considered a flat correction. Within the flat correction, we had expected markets to come down as a C wave. THIS C WAVE MAY BE STILL…
Nifty - We had earlier considered a flat correction. Within the flat correction, we had expected markets to come down as a C wave. THIS C WAVE MAY BE STILL…
As shown above, Nifty markets clearly AIMING to take out the "All Time High". This may happen this week or early next week. The triangle shown above can be taken…
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 - Expecting EITHER a 5 wave move down (wave 3 is completed ) OR a triple zigzag (where the 1st ABC is completed(have not marked on chart) Either way,…
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…
Nifty - I have marked as wave "x" the last upswing, as giving an indication of a double (triple zigzag?) In case it is we should correct as above and…
Presently the markets seem to be stuck at around 17600 or so. I have marked, in yellow rectangles levels of "FIBBONACCI RESISTANCE" and SUPPORTAt times the markets may not give…
The previous trading day showed a corrective upwards. Now the downward move should resume, Is this part of a LARGER wave 3 or just a 5-wave move downwards ending as…
Wave 3 Nifty has extended as shown. Extensions CAN occur in wave 3's. A lot of overlapping at present levels, with markets being egged on by short covering. Correction should…