Indiacharts

These aren't random predictions, they're time-bound targets based on Elliott Wave analysis by me. Here's my 2026 outlook across 5 asset classes:
📌 Gold → $3,600–$4,400
📌 Silver → $60–$80
📌 Nifty → All-Time High this year, targeting 35,000+ in 1.5 years
📌 Crude Oil → $70–80 for now, higher 2 years out
📌 USD/INR → Last spike to 97–98, then reversal to ~₹80 by end of 2026

The Rupee call alone is worth watching, I thinks this weakness is the final round.

Nifty Prediction For Tomorrow 18 May 2026 By Rohit Srivastava | Indiacharts

The Nifty 50 continues to face immense selling pressure, completely failing to break the critical 23,839 resistance zone. We dive deep into the charts, mapping a major downward channel that confirms a prolonged bearish trajectory. Because this resistance remains unbroken, the index looks poised to drop to the key Fibonacci 61.8% support level at 23,100. Watch this technical breakdown to prepare your portfolio, as a failure to hold 23,100 could drag the market down to 22,950!

Nifty Update As On 18-05-2026.

SEBI Registered Name: Indiacharts Data Analytics Private Limited.
SEBI Registration No: INH000023630.

📊 Nifty Market Structure: A Double-Bottom Defense at 23,077 📊

Consistency in technical analysis pays off. For the second time in the last three days, Nifty 50 has found intense buying interest exactly at our mapped 23,077 horizontal floor.

Because this zone aligns perfectly with the 61% Fibonacci retracement level, defending it provides the exact market "fillip" required to turn price action around and spark an attempt at a definitive range breakout.

📋 Here are the strategic targets we are tracking:
🛡️ Institutional Support: 23,077 (Ultimate downside safety line at 23,000).
🔺 The Breakout Trigger: 23,375 (Needs a clean breach to open the floodgates).
📈 Target 1: The recent swing high at 23,550.
🚀 Target 2: The legacy multi-top resistance zone at 23,800.

Rather than predicting a breakdown, we trade the structural validation happening right in front of us. Watch the full breakdown to map your risk carefully!



SEBI Registered Name: Indiacharts Data Analytics Private Limited
SEBI Registered Number: INH000023630