"Trading day, March 10: The global market indicates a negative start. The market's nature is bearish, and it may start with a gap-down. If the market takes an immediate pullback, then we can expect a range market that will reach a minimum of 61% fib level. On the other hand, there is a going sub-wave 3, which is a long wave, so we can follow that."
Studying the Elliot waves in 15 min time frame. Waves 1,2 and 3 of the larger wave 3 are done. Expecting a pullback and consolidating wave 4 for a variable duration before nifty ultimately falls to 17550 and then to 17485 levels. Stoploss- strong closing above 17700.
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 9th: The global market indicates a neutral start. The market nature is moderately bullish. It may start slightly negative, and if the market takes a pullback, then we can expect a pullback continuation (sub-wave 5th). On the other hand, if the initial market declines, that is a sign of a range market to correction, and it should break the fib...
"Trading day, March 8th: The global market is indicating a negative start. Structurally, the market's nature is moderately bullish. It may start with a gap-down, and after that, if the market breaks the 38% Fib level, that's a sign of a correction. The correction will reach a minimum of 50% to 61% Fib levels. On the other hand, if the market rejects around 38%,...
"Trading day, March 8th: The global market is indicating a negative start. Structurally, the market's nature is moderately bullish. It may start with a gap-down, and after that, if the market breaks the 38% Fib level, that's a sign of a correction. The correction will reach a minimum of 50% to 61% Fib levels. On the other hand, if the market rejects around 38%,...
"Trading day, March 8th: The global market is indicating a negative start. Structurally, the market's nature is moderately bullish. It may start with a gap-down, and after that, if the market breaks the 38% Fib level, that's a sign of a correction. The correction will reach a minimum of 50% to 61% Fib levels. On the other hand, if the market rejects around 38%,...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...
"Trading day, March 6th: SGX Nifty indicates a positive start, and the market nature is bullish. It may start with a gap-up. If the market rejects around immediate resistance zones, then we can expect a minor correction that shouldn't break the previous swing high. On the other hand, if the market declines initially, we can expect a correction that would break the...
Elliot wave analysis. The impulse waves are completed on the downside. Waves 1 and 5 were equal in length, and wave 3 ran 1.68 times wave 1. Today we saw corrective wave B, approximately 0.78 times wave A in nifty, 0.618 times in Finnifty, and 0.5 times in bank nifty. All these waves correlate well with Fibonacci levels. A decent C wave correction can retrace...
"Trading day, March 3rd: SGX Nifty indicates a positive start, but the market nature is moderately bearish. It may start with a gap-up. If the market sustains around 61 to 78%, then we can expect a rally continuation. On the other hand, if the market declines initially, we expect a correction."
"Trading day, March 3rd: SGX Nifty indicates a positive start, but the market nature is moderately bearish. It may start with a gap-up. If the market sustains around 61 to 78%, then we can expect a rally continuation. On the other hand, if the market declines initially, we expect a correction."
"Trading day, March 3rd: SGX Nifty indicates a positive start, but the market nature is moderately bearish. It may start with a gap-up. If the market sustains around 61 to 78%, then we can expect a rally continuation. On the other hand, if the market declines initially, we expect a correction."
"Trading day, March 2nd: The global market is indicating a negative start. Its structure is moderately bullish, but it may open with a gap-down. If the initial market experiences a pullback of around 38%, we can expect a continuation of the pullback with minor consolidation. On the other hand, if the initial market experiences a sharp decline, we can expect a...
"Trading day, March 2nd: The global market is indicating a negative start. Its structure is moderately bullish, but it may open with a gap-down. If the initial market experiences a pullback of around 38%, we can expect a continuation of the pullback with minor consolidation. On the other hand, if the initial market experiences a sharp decline, we can expect a...
"Trading day, March 2nd: The global market is indicating a negative start. Its structure is moderately bullish, but it may open with a gap-down. If the initial market experiences a pullback of around 38%, we can expect a continuation of the pullback with minor consolidation. On the other hand, if the initial market experiences a sharp decline, we can expect a...