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Finally Nifty Achieved 8728 – Perfect Example of Double Zigzag Correction

Finally Nifty Achieved 8728 – Perfect Example of Double Zigzag Correction

| August 30, 2016

This is the same Elliott Wave Analysis Report of Nifty for 31 Aug 2016 which I sent to all of my book subscribers and clients and posting here on my blog also for future reference as there is perfect example of Double Zigzag Correction of Irregular Correction in this report. Nifty opened gap up today […]

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Elliott Wave Analysis Updates of Nifty for 29 Aug 2016 Onward

Elliott Wave Analysis Updates of Nifty for 29 Aug 2016 Onward

| August 28, 2016

This “Elliott Wave Analysis Updates of Nifty for 29 Aug 2016 Onward” I am posting as further updates on my last analysis report “Nifty is Still Indicating Bounce above 8728 – EW Analysis for 26 August Onward” as Nifty already declined very near to stoploss 8539. Nifty opened gap up today at 8614 and bounced marginally […]

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Nifty is Still Indicating Bounce above 8728  – EW Analysis for 26 August Onward

Nifty is Still Indicating Bounce above 8728 – EW Analysis for 26 August Onward

| August 25, 2016

Nifty opened mild gap up today at 8668 and bounced to register day’s high 8683 but failed to sustain at higher levels and declined sharply by 100 points from high to register day’s low 8583 before closing 58 points down at 8592. Yesterday, short term trading strategy was “Buying on Dips” and longs taken in […]

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Nifty is Likely to Bounce above 8728 Without Breaking Below 8540

Nifty is Likely to Bounce above 8728 Without Breaking Below 8540

| August 23, 2016

Nifty opened flat at 8667 and bounced to register day’s high 8684 but failed to sustain at higher levels and declined back to register day’s low 8614 before closing 37 points down at 9629. Yesterday, short term trading strategy was buying on dips towards 8594-8570 using stoploss of 8539 expecting near term targets of 8728. […]

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Elliott Wave Analysis Updates of Nifty for 04 Aug 2016

Elliott Wave Analysis Updates of Nifty for 04 Aug 2016

| August 3, 2016

Nifty opened flat today at 8635 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined more than 100% points from day’s high to register day’s low 8529 before closing 78 points down at 8544. For today, decline till 8566-8537 was expected without breaking above 8650 […]

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Nifty Likely to Decline by 250-400 Points Without Breaking much above 8783

Nifty Likely to Decline by 250-400 Points Without Breaking much above 8783

| July 31, 2016

Nifty opened flat at 8668 and then traded in 40 points range between 8670-8631 for rest of the day before closing 27 points down at 8638. Overall it was a dull day with negative bias. Friday, I didn’t suggest any trade as upside was very limited and for downside also only 25-40 points was expected. […]

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Nifty Likely to Stay Positive on July 2016 Expiry Day

Nifty Likely to Stay Positive on July 2016 Expiry Day

| July 27, 2016

Nifty opened flat at 8599 and bounced sharply just after opening to register day’s high 8665 within an hour after opening. But Nifty failed to sustain at higher levels and decline back erasing all the gains and registered day’s low 8572 followed by a bounce again before closing 25 points up at 8615. Overall it […]

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Nifty Further Elliott Wave Updates for 27 July 2016 – Example of 3-3-5 Flat Correction

Nifty Further Elliott Wave Updates for 27 July 2016 – Example of 3-3-5 Flat Correction

| July 27, 2016

This Elliott Wave Analysis report of Nifty for 27 July 2016 is further updates of my yesterday’s analysis Nifty Likely to be Bullish or Hold above 8476 till July 2016 Expiry and is same which I sent yesterday to my Students/Subscribers. I am posting this report late around 9: 35 AM after marking opening as action expected […]

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Nifty Likely to be Bullish or Hold above 8476 till July 2016 Expiry

Nifty Likely to be Bullish or Hold above 8476 till July 2016 Expiry

| July 26, 2016

Nifty opened lower at 8519 but bounced just after opening and traded with strength for rest of the day. Nifty bounced gradually for whole day to register day’s high 8641 before closing 94 points up at 8635. Yesterday, I mentioned 8513 as stoploss for existing longs (Taken on Friday at 8526) expecting minimum targets 8598-8623 […]

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Elliott Wave Outlook of Nifty for 22 July 2016 Onward

Elliott Wave Outlook of Nifty for 22 July 2016 Onward

| July 21, 2016

Nifty opened gap up at 8582 but failed to sustain at higher levels and traded with weakness for rest of the day. Nifty declined gradually to register day’s low 8503 before closing near low of the day at 8510. Yesterday, I suggested stoploss for any existing longs (not fresh long) at 8542. I didn’t suggested […]

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