Greetings traders & investors, This analysis is a combination of various prospects & contains a clear description for each of that "we don't understand a movie by missing half of it".- the same is true with markets, Let's understand NIFTY in higher time frames & continue through the same tunnel in lower degrees There are 'n' number of...
Resuming from previous Crude oil Post in the blog, check it from what's happening section... We at that time just had an idea that the developing correction could be a triangle but in the recent trading sessions, it is really very clear that the current correction is most possibly a triangle (Elliott wave Descending triangle) and within which the waves ABC have...
Resuming From Gold monthly analysis, check it from gold analysis section under Research Edge As the structure warrants, markets always tells us what to do...! the triple three within a triple three has been completed and it is time for an interim rally The gold had bounced from its strong support area @ 1043 levels and this is the main reason for the...
Continuing from the monthly forecasts in the website, an elliott wave analyst can observe the same as we do, the nifty peaked at an all time high of 9119.2 on mar 2015, the downfall is around a year and when will it end...? obviously an traditional trader doesn't have answer for this question but the perspective that elliott offfers is significant & different and...