Nifty Path Derived Using Neo wave + Price action.
Mar 16, 2026
When Neo Wave analysis is combined with simple price action techniques, it significantly improves the accuracy of forecasts and helps traders identify high-probability trading opportunities.
A recent example of this can be seen in our Agni Nifty Research Reports, where we derived a clear path for Nifty and the market moved almost exactly as anticipated.
Nifty daily chart anticipated as on 06th March 2026
Anticipated Trading Strategy as on 06th March 2026 -
Trading strategy for Nifty (Spot)- Short positions can be initiated once Nifty breaks below 24490 with stoploss as day high and target of 24430 followed by 24370.
Trade set up for Options buying- Buy Nifty 10th March 24600 PE once it breaks above 320 with stoploss as day low and target of 380 followed by 440.
Happened as on 06th March 2026 –

Anticipated Trading Strategy as on 11th March 2026 -
Trading strategy for Nifty (Spot)- Short positions can be created below 24070 with day high as stoploss and target of 24000 followed by 23950 level.
Trade set up for Options buying- Buy 17th March 24200 PE if it breaks above 290 with day low as stoploss and target of 350 followed by 410.
Happened as on 11th March 2026 –

Anticipated Trading Strategy as on 11th March 2026 -
Trading strategy for Nifty (Spot)- For today, short positions can be created if it moves towards 23260 and forms a reversal on 5 mins Ichimoku cloud with day high as stoploss and target of 23190 followed by 23120 level.
Trade set up for Options buying- Buy 17th March 23400 PE if it moves towards 300-310 and forms reversal on 5 mins Ichimoku cloud with day low as stoploss and target of 360 followed by 415.
Happened as on 16th March 2026 –

Amid wild swings and high volatility, our reports have consistently continued to shine. The market followed the anticipated downside trajectory, validating the effectiveness of Neo Wave analysis combined with price action.
This approach not only helps in understanding the maturity of the trend, but also provides clear and actionable trade setups for both intraday and positional traders.
Current Market View
At present, the broader trend in Nifty continues to remain weak.
Traders can adopt a sell-on-rise strategy to ride the ongoing downside momentum with potential targets around 22900.
However, on the upside, a sustainable move above 23330 will be required for the market to show signs of stability.
We will be sharing the exact trading strategy in our upcoming short-term Agni Research Report.
AGNI (index) Research - Get access to daily research reports and advisory calls on Nifty along with charts, and options strategy. Know more.
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