Recent Articles

Elliott Wave Analysis Report of Nifty for 05 Dec 2016

Elliott Wave Analysis Report of Nifty for 05 Dec 2016

| December 5, 2016

Nifty opened gap down at 8153 and declined further towards 8100. Nifty bounced from 8100 by 80 points to register day’s high 8159 but failed to sustain at higher levels and declined by be 90 points to register new day’s low 8070 before closing 106 points down at 8106. Yesterday, trading strategy was to hold […]

Continue Reading

Elliott Wave Analysis and Outlook of Nifty for 02 Dec 2016

Elliott Wave Analysis and Outlook of Nifty for 02 Dec 2016

| December 2, 2016

Nifty opened bit higher at 8244 and bounced to register day’s high 8250 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by more than 60 points from high to register day’s low 8185 before closing 31 points down at 8192. Yesterday, selling was suggested […]

Continue Reading

Elliott Wave Outlook of Nifty for 28 Nov 2016 Onward

Elliott Wave Outlook of Nifty for 28 Nov 2016 Onward

| November 28, 2016

Nifty opened gap up at 8007 and declined sharply to register day’s low 7976 but bounced from lower levels and traded with huge strength for rest of the day. Nifty bounced more than 150 points before closing 148 points up at 8114. Friday, I didn’t suggest any traded but suggested to book profits/exit in all […]

Continue Reading

Elliott Wave Counts of Nifty for 17 Nov 2016 – Completion of Irregular Correction

Elliott Wave Counts of Nifty for 17 Nov 2016 – Completion of Irregular Correction

| November 17, 2016

Nifty opened gap up yesterday at 8205 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by 120 points from 8210-8089 before closing 3 points up at 8111. Yesterday, Selling was suggested on bounce towards 8196-8230 with stoploss of 8237 expecting targets below 8093. Nifty […]

Continue Reading

Elliott Wave Counts of Nifty for 16 Nov 2016 – Possibility of Irregular Correction

Elliott Wave Counts of Nifty for 16 Nov 2016 – Possibility of Irregular Correction

| November 16, 2016

This Elliott Wave Analysis Report of Nifty for 16 Nov 2016 I prepared and sent today before 8:30 AM to my clients. I am posting this analysis report after market opening when action explained is already happened. The main chart of this report is slightly modified (written text) as this report I am posting just for my […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 15 Nov 2016

Elliott Wave Analysis Report of Nifty for 15 Nov 2016

| November 15, 2016

Nifty opened gap down on Friday at 8456 and traded with negative bias for rest of the day. Nifty declined more than 230 points before closing 229 points down at 8296. It was again a big range day with huge gap down. Yesterday, 8437 was the breakeven point and Selling was suggested if break or […]

Continue Reading

Nifty Elliott Wave Analysis of Nifty for 10 Nov 2016 after Huge Gap Down of 500 Points

Nifty Elliott Wave Analysis of Nifty for 10 Nov 2016 after Huge Gap Down of 500 Points

| November 10, 2016

Nifty opened huge gap down of about 500 points at 8067 and declined further till 8002 but recovered 200 points within 5 minutes and traded with strength for rest of the day. Finally Nifty closed 111 points down at 8432 after registering day’s low 8002 and high 8476. Overall it was a huge range day. […]

Continue Reading

Nifty Elliott Wave Updates for 09 Nov 2016 Onward Ahead of Important Events

Nifty Elliott Wave Updates for 09 Nov 2016 Onward Ahead of Important Events

| November 9, 2016

Nifty opened good gap up at 8540 but failed to sustain at higher levels and traded with negative bias for most of the day. Nifty declined gradually to register day’s low 8480 but bounced sharply by 80 points in last 60-90 minutes to register day’s high 8560 before closing 46 points up at 8543. Yesterday, […]

Continue Reading

Further Elliott Wave Updates of Nifty for 07 Nov 2016 Onward

Further Elliott Wave Updates of Nifty for 07 Nov 2016 Onward

| November 6, 2016

Nifty opened mild gap up at 8504 but again failed to sustain at higher levels and trader with negativity for rest of the day. Nifty declined gradually to register day’s low 8400 before closing 51 points down at 8433. Friday, suggested buying Nifty only if trades above opening price at 9:31 AM (after first 15 […]

Continue Reading

Nifty Can Bounce Sharply Above 8968 Without Breaking Much Below 8377

Nifty Can Bounce Sharply Above 8968 Without Breaking Much Below 8377

| November 2, 2016

Nifty opened huge gap down at 8542 and traded with negative bias rest of the day. Nifty decline about 120 points from previous close to register day’s low 8504 before closing 112 points down at 8514. Yesterday, there was no trading strategy suggested and only 8900-9000 Calls in very light quantity was suggested to hold […]

Continue Reading