NIFTY Opening On 16th May 2024
NIFTY Opening On 16th May 2024
The previous analysis for wave V having completed at around 18639 level is now cancelled. MORE LIKELY we are now extending as shown above.
The minor wave analysis
Minor wave 3 shown in RED now extending
Will give more in detail along with levels on coming weekend.
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NIFTY Opening On 19th April 2024
NIFTY Opening On 19th April 2024
HDFC BANK
HCL TECH
BPCL
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NIFTY Opening On 18th April 2024
NIFTY GENERAL SYNOPSIS
NIFTY IN CORRECTION
GOLD IN BULL RUN
BHARAT ELECTRONICS CAN CORRECT WITHIN PRIMARY WAVE 4
JIO FINANCIAL MAY BE CORRECTING INTO PRIMARY WAVE 2 WITHIN LARGE BULL RUN
NIFTY PHARMA IN BULL RUN, CORRECTIONS NOTWITHSTANDING
NIFTY OIL AND GAS -NEUTRAL, 5TH PRIMARY WAVE UP
NIFTY IT -CORRECTING INTO PRIMARY WAVE 4
NIFTY FMCG- 3RD PRIMARY WAVE UP
NIFTY BANK-3RD CYCLE WAVE MAY HAVE COMPLETED ?
NIFTY AUTO-TO CORRECT INTO INTERMEDIATE WAVE 4
NIFTY GOLD-SBI GOLD ETF
BHARAT ELECTRONICS
JIO FINANCIAL
NIFTY PHARMA
NIFTY PHARMA-CIPLA
NIFTY OIL AND GAS
NIFTY OIL AND GAS-ONGC
NIFTY OIL AND GAS-GAIL
NIFTY OIL AND GAS-BPCL
NIFTY IT-
NIFTY IT- TCS
NIFTY IT-HCL TEC
NIFTY FMCG-
NIFTY FMCG-ITC
NIFTY BANK
NIFTY BANK-HDFC BANK
NIFTY BANK-ICICI BK
NIFTY AUTO-
NIFTY AUTO-MAHINDRA AND MAHINDRA
NIFTY AUTO-MARUTI SUZUKI
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NIFTY Opening On 12th April 2024
NIFTY Opening On 12th April 2024
SECTOR WATCH
AUTO - IN BULL RUN BUT DUE FOR CORRECTION
BANK- IN BULL RUN. MAY SEE RISE TODAY EVENTUALLY
FMCG - PRESENTLY CORRECTING. MAY OR MAY NOT CORRECT MORE
IT - CORRECTION DUE
OIL- MAY OR MAY NOT CORRECT INTRADAY. BUT IN BULL RUN
PHARMA - STRONG BULL RUN BUT MAY SEE INTER CORRECTIONS
NIFTY
NIFTY PHARMA
NIFTY PHARMA-CIPLA
NIFTY OIL AND GAS
NIFTY OIL AND GAS-BPCL
NIFTY OIL AND GAS - ONGC
NIFTY IT -
NIFTY IT- HCL TEC
NIFTY IT - TCS
NIFTY FMCG -
NIFTY FMCG - ITC
NIFTY BANK
NIFTY BANK -HDFC BANK
NIFTY BANK-KOTAK MAHINDRA BANK
NIFTY AUTO
NIFTY AUTO - MAHINDRA AND MAHINDRA BANK
NIFTY AUTO - TATA MOTORS
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NIFTY Opening On 9th April 2024
NIFTY PHARMA
NIFTY PHARMA
NIFTY OIL AND GAS
NIFTY OIL AND GAS-ONGC
NIFTY OIL AND GAS-ONGC
NIFTY OIL AND GAS -GAIL
NIFTY OIL AND GAS-GAIL
NIFTY OIL AND GAS -BPCL
NIFTY OIL ND GAS -BPCL
NIFTY IT-
NIFTY IT -TCS
NIFTY IT- HCL TEC
NIFTY FMCG-
NIFTY FMCG-ITC
NIFTY BANK
NIFTY BANK
NIFTY BANK-HDFC BANK
NIFTY BANK-KOTAK BANK
NIFTY AUTO
NIFTY AUTO-MARUTI SUZUKI
NIFTY AUTO MARUTI SUZUKI
NIFTY AUTO-MAHINDRA AND MAHINDRA
NIFTY AUTO -MAHINDRA AND MAHINDRA
NIFTY AUTO -TATA MOTORS
NIFTY AUTO -TATA MOTORS
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NIFTY Opening On 1st April 2024
NIFTY Opening On 1st April 2024
PLEASE READ DISCLAIMER IN FOOTNOTE
SYNOPSIS FOR NIFTY AND CONSTITUENTS
NIFTY- GENERAL TREND IS UP. HOWEVER MAY SEE WEAKNESS IN SHORT TERM
NIFTY PHARMA -STRONG UPTREND. BUT WEAK IN SHORT TERM
NIFTY OIL AND GAS-STRONG TREND UP. CORRECTIVE MODE IN SHORT TERM
NIFTY IT- MAY BE BOTTOMING OUT
NIFTY FMCG- MAY BE BOTTOMING OUT
NIFTY BANK -MAY HAVE BOTTOMED OUT
NIFTY AUTO- STRONG BULL RUN BUT DUE FOR CORRECTION
BHARAT ELECTRONICS
BHARAT ELECTRONICS
NIFTY PHARMA
NIFTY PHARMA-CIPLA
NIFTY PHARMA-CIPLA 2ND
NIFTY OIL AND GAS
NIFTY OIL AND GAS
NIFTY OIL AND GAS-BPCL
NIFTY OIL AND GAS-BPCL
NIFTY IT-
NIFTY IT TCS
NIFTY FMCG
NIFTY FMCG
NIFTY FMCG ITC
NIFTY FMCG ITC
NIFTY BANK
NIFTY BANK HDFC BK
NIFTY BANK-HDFC BK
NIFTY AUTO
NIFTY AUTO-TATA MOTORS
NIFTY AUTO -TATA MOTORS
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NIFTY Opening On 20th March 2024
PLEASE READ THE DISCLAIMER BELOW IN FOOTNOTE.
Nifty - All analysis in this website done purely for educational purpose in elliot wave theory, and therefore should not be used for trading.
NIFTY - MAY HAVE COMPLETED CORRECTION OR ATLEAST ONE LEG
SECTOR WATCH
NIFTY AUTO- PULLBACK
OIL AND GAS -PULLBACK
BANK- MAY HAVE COMPLETED CORRECTION
NIFTY PHARMA- CORRECTION PENDING
IT- CORRECTION PENDING
NIFTY AUTO
NIFTY AUTO-TATA MOTORS
NIFTY PHARMA
NIFTY PHARMA-CIPLA
NIFTY OIL AND GAS
NIFTY OIL AND GAS-BPCL
NIFTY IT
NIFTY IT-TCS
FMCG
NIFTY FMCG-ITC
NIFTY BANK
NIFTY BANK-HDFC BK
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NIFTY Opening On 18th March 2024
Above I have given 3 long term possibilities of NIFTY . The 3rd one is an extreme case and would not give weightage to same at the moment.
NIFTY AUTO
NIFTY AUTO-TATA MOTORS
FMCG
FMCG-ITC
FMCG-ITC
IT
IT- TCS
OIL AND GAS
OIL AND GAS BPCL
OIL AND GAS -BPCL
PHARMA
PHARMA-CIPLA
NIFTY BANK
NIFTY BANK
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NIFTY Opening On 12th March 2024
NIFTY Opening On 12th March 2024
In the 2nd close up chart , I have given a possibility of a intraday pullback, which MAY not sustain.
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NIFTY Opening On 22nd Feb 2024
NIFTY Opening On 22nd Feb 2024
NIFTY in bottoming out zone at present in all probability.
BPCL
CIPLA
HCL TEC
HDFC BK
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NIFTY Opening On 20th Feb 2024
Nifty to correct now as shown above somewhere around the orange rectangle, before resuming the bull run.
OIL AND GAS
NIFTY OIL AND GAS- BPCL
PLEASE READ THE DISCLAIMER IN FOOTNOTE
NIFTY OIL AND GAS - GAIL
PLEASE READ THE DISCLAIMER IN FOOTNOTE
NIFTY IT
NIFTY IT-HCL TEC
PLEASE READ THE DISCLAIMER IN FOOTNOTE
NIFTY PHARMA
NIFTY PHARMA- CIPLA
PLEASE READ THE DISCLAIMER IN FOOTNOTE
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NIFTY Opening On 15th Feb 2024
Nifty most likely has completed its correction and wave 3 should start. The bull run should continue , with normal periodical corrections.
NIFTY BANK- IN BULL RUN BUT NEED TO OBSERVE INTERMITTENT WAVES
NIFTY PHARMA- AWAITING CORRECTION BEFORE RESUMING BIG BULL RUN
NIFTY IT - STRONG BULL RUN
NIFTY IT - SHOULD RESUME BULL RUN
NIFTY AUTO - NEARING COMPLETION OF WAVE 3- MAY EXTEND
OIL AND GAS- VERY STRONG BULL RUN
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NIFTY Opening On 13th Feb 2024
Nifty had a deeper cut than anticipated. HOWEVER THE 5TH CYCLE WAVE BULL RUN STILL REMAINS. The deeper cut signifies a PROBABLE two or three zigzag pattern, as we will be correcting the whole rise from 18850 level.
HOWEVER TODAY MOST PROBABLY A PULLBACK RALLY, WHICH NEEDS TO BE MONITORED CLOSELY
NIFTY BANK- MAY RISE WITHIN THE CHANNEL
NIFTY PHARMA IN STRONG BULL RUN, BUT NOW DUE FOR INTERMEDIATE CORRECTION
NIFTY IT IN STRONG BULL RUN NOTWITHSTANDING CORRECTIONS NOW.
FMCG SHOWING RISE OVERALL
NIFTY AUTO TO CORRECT
NIFTY OIL AND GAS TO CORRECT
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NIFTY Opening On 9th Feb 2024
Nifty - Markets in bull run but NOW correcting. Expect more correction as shown in above count. Below 21150 level above count is invalidated. So need to watch carefully the ensuing count.
NIFTY AUTO- EXPECT CORRECTION
NIFTY OIL AND GAS- RUN UP TOO FAST- MAY RISE AND THEN CORRECT TODAY
NIFTY IT- Under observation in short term but in bull run
NIFTY BANK- IN CORRECTION WITHIN BULL RUN
NIFTY PHARMA- IN STRONG BULL RUN BUT NOW TO CORRECT
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NIFTY Opening On 8th Feb 2024
Nifty may rise on opening. However in all liklehood shud correct to orange rectangle marked above. However considering the huge momentum and ongoing bull run, we can look at another alternative counting too as shown below-
In the above count the correction will be smaller as shown above.
Both cases bull run to resume once the correction is over.
REMARK- IN CASE markets go below 21137, above counts are invalidated.
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NIFTY Opening On 7th feb 2024
Nifty - Though Nifty is showing major signs of being overbought, markets still bullish. IF the above count is correct , then we have a massive bull run in the making, notwithstanding any sharp corrections forthcoming. (MARKETS ARE OVERBOUGHT)
Below for convenience I am giving the count on various sectors
FMCG
IT - STARTING BULL RUN CORRECTIONS NOTWITHSTANDING
NIFTY AUTO- BULL RUN TO CONTINUE NOTWITHSTANDING CORRECTIONS
NIFTY BANK PRESENTLY CORRECTING, STRONG BULL RUN TO RESUME ONCE CORRECTION IS OVER
NIFTY OIL AND GAS STRONG BULL RUN BUT CORRECTION OVERDUE
STRONG BULL RUN BUT CORRECTION OVERDUE
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