NIFTY – Weekly Analysis

In July 2022 we forecasted that NIFTY would gain 25%. It did precisely that! But now, in light of recent moves, it is time to assess the future.
The chart below was posted in July 2022.

Our regular reports focus on analysis of recent technical signals and events, interpretation of candles and candle structures on various frames, and projection of targets using Elliott Wave and Fibonacci theories.
This report is part of our Index Plus pack which provides analytics for Nasdaq, Russell 2000, selected Asian and European Indices, and $EEM ETF. The analysis is also available for the Ultimate subscribers.