Nifty Short Term Update - Good signs of a completed wave B
As on Thur 14 May 2026. CMP 23,750. Posted at 2 pm
Bottom line : Nifty is likely headed to 25,500+ in the coming weeks.
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This premium update has been made public for study and educational purposes on 10 July 2026. Please note: This analysis reflects the market structure as of its original publication date (2 months ago). Price action and wave counts will have evolved; do not use this historical analysis for live trading decisions.
Prior update of 11 May suggested that Nifty could head lower toward roughly 23,100 ~ 23,400 before the larger structure completed.
Nifty formed a low at 23,262, and has rebounded strongly since.
There is now a good chance price is headed higher toward the 25,500 ~ 26,000 region to complete wave D of the larger bullish triangle.
