Tuesday 1 August 2023

NIFTY ANALYSIS AUG 2023

31-AUG-2023

UPDATE 2:


UPDATE 1:


26-AUG-2023

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UPDATE 3:



UPDATE 2:


UPDATE 1:


24-AUG-2023


 

01-AUG-2023: BIGGER PICTURE






24-AUG-2023: BIGGER PICTURE:





23-AUG-2023: BIGGER PICTURE:



08-AUG-2023

BIGGER PICTURE





11-AUG-2023: BULL OR BEAR?




12-AUG-2023


NIFTY @ 19428
SUP: 16821 RES: 20000

There are two wave counts I am looking at.

1. Wave 1, 2
If 20K is top of wave 1 and break of 19289, we can see bigger correction towards 19100/18555/18397-18000.
REVERSAL from any of these levels, we can see big bull run towards 20K as min target, normal tgt 21500 and ultimate tgt towards 23K+

2. wave ii of 3
Break of 19289, we can see 19270/100/18980/724 as wave ii of 3.
If 18555 holds support and reversal can move up towards 20200/20900 in wave iii of 3.



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30-AUG-2023


29-AUG-2023



25-AUG-2023

CMP 19549

SUPPORT 19434/19364

As long as the above supports hold and a break of 19564,

We will see

19607, 

19682-711, 

19755, 19825, 

19878-19908


14-AUG-2023


10-AUG-2023



09-AUG-2023

UPDATE 2:


UDPATE 1:


08-AUG-2023

UPDATE 2:


UPDATE 1:



03-AUG-2023


02-AUG-2023

UPDATE 3: 


UPDATE 2:


UPDATE 1:





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