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Nifty can Decline Towards 10893-10756 in Coming Days

Nifty can Decline Towards 10893-10756 in Coming Days

| July 14, 2018

Nifty opened bit higher at 11056 and bounced further to register day’s high 11071 but declined back by about 70 points from day’s high to register day’s low 10999 and finally closed 4 points down at 11018. Friday, Nifty was expected to decline towards 10893-10756 in coming days either from present levels or from bit […]

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Fresh EW Counts and Outlook of Nifty for 09 July 2018 Onward

Fresh EW Counts and Outlook of Nifty for 09 July 2018 Onward

| July 8, 2018

Nifty opened lower at 10744, registered low 10735 but bounced back by about 80 points from day’s low to register day’s high 10816 and closed 22 points down at 10772. Friday, Nifty was in very complex type of pattern but one bounce towards 10795-10837 range was expected with 10726 as breakeven point on downside. Trading […]

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Elliott Wave Analysis and Outlook of Nifty for 02 July 2018 Onward

Elliott Wave Analysis and Outlook of Nifty for 02 July 2018 Onward

| July 1, 2018

Nifty opened higher at 10612, bounced further and traded with strength for rest of the day. Nifty bounced by more than 130 points to register day’s high 10723 and closed 125 points up at 10714. Yesterday, Nifty was in very complex type of pattern but one bounce towards 10780-10805 was expected very soon. 10615-10651 was […]

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Nifty Outlook and Trading Strategy for June 2018 Expiry Week

Nifty Outlook and Trading Strategy for June 2018 Expiry Week

| June 22, 2018

Nifty opened flat at 10742 and declined to register day’s low 10710 but bounced back from lower levels and traded with strength for rest of the day. Nifty bounced by more than 120 points from day’s low to register day’s high 10837 and closed 80 points up at 10821. Yesterday, Overall pattern was not clear […]

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Fresh Elliott Wave Analysis of Nifty on All Time Frame dated 03 Jun 2018

Fresh Elliott Wave Analysis of Nifty on All Time Frame dated 03 Jun 2018

| June 4, 2018

Today I am revising wave counts on all time frames to identifying the changes and to conclude the further possible road map of Nifty in Long, Medium and Short Term as last “All Time Frames” analysis report I prepared 3 months back in March. Friday, there was a possibility of sharp decline towards 10630-10549 but […]

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Nifty Outlook and Trading Strategy for 31 May 2018 Expiry Day

Nifty Outlook and Trading Strategy for 31 May 2018 Expiry Day

| May 31, 2018

Nifty opened lower at 10579 and declined further to register day’s low 10558 but bounced back from lower levels by about 90 points to register day’s high 10548 and finally closed 18 points down at 10614. Overall, it was a volatile day with both side swings. Yesterday, 10646-10603 was support at downside and 10603 was […]

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Further Elliott Wave Analysis Updates of Nifty for 22 May 2018 Onward

Further Elliott Wave Analysis Updates of Nifty for 22 May 2018 Onward

| May 21, 2018

Nifty opened mild higher at 10616, registered high 10621 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined further by about 90 points to register day’s low 10505 and finally closed 79 points up at 10516. Yesterday, 10636-10665 was immediate upside resistance and one more […]

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Nifty Outlook and Trading Strategies for 18 May 2018 Onward

Nifty Outlook and Trading Strategies for 18 May 2018 Onward

| May 17, 2018

Nifty opened higher at 10775, registered high 10777 but failed to sustain at those levels and traded with negative bias for rest of the day. Nifty declined by more than 110 points from high to register day’s low 10664 and finally closed 58 points down at 10682. Yesterday, there was possibility one more decline for […]

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Further Elliott Wave Analysis Update of Nifty for 02 May 2018 Onward

Further Elliott Wave Analysis Update of Nifty for 02 May 2018 Onward

| May 1, 2018

Nifty opened higher at 10705, registered low 10704 and bounced sharply just after opening. Nifty traded with strength for whole day and bounced more than 60 points to register day’s high 10759 and finally closed 47 points up at 10739. Yesterday, short term outlook was bullish with 10575-10486 as short term support range but expected […]

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Nifty Outlook and Trading Strategy for 27 April 2018 Onward

Nifty Outlook and Trading Strategy for 27 April 2018 Onward

| April 26, 2018

Nifty opened bit higher at 10586 and consolidated in 10559-10595 range for most of the day but bounced sharply in last 45 minutes of the session to register day’s high 10628 and finally closed 47 points up at 10617. Yesterday, short term outlook was bullish with 10480-10409 as short term support range and I expected […]

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