Deepak Kumar

Deepak Kumar is an independent Technical Analyst, regular practitioner and Trainer of Elliott wave theory applying Elliott's Wave Principles on Indian Markets successfully since 2011 and made many accurate predictions.

He is also the author of book "Practical Application of Elliott's Wave Principles by Deepak Kumar"

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Deepak Kumar's Latest Posts

Nifty Analysis, Outlook and Important Levels for 11 Nov 2019

Nifty Analysis, Outlook and Important Levels for 11 Nov 2019

| November 10, 2019 | 0 Comments

Nifty opened lower at 11888, declined to register low 11952 and bounced back to register high 12034 but declined back again to register day’s low 11889 and closed 103 points down at 11908. Yesterday, Overall Nifty was in positive zone with 11801-11665 as short term support but a correction towards this support 11801-11665 was expected […]

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Nifty can Decline Towards 11776-11645 Soon

Nifty can Decline Towards 11776-11645 Soon

| November 4, 2019

Nifty opened higher at 11928 and bounced further to register day’s high 11989 but declined back sharply by more than 80 points to register day’s low 11905 and closed 50 points up at 11941. Now, let’s have a fresh look at latest charts for further scenario. This analysis report is covering move after 6825 and […]

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Elliott Wave Analysis of Nifty for 18 Oct 2019 Onward

Elliott Wave Analysis of Nifty for 18 Oct 2019 Onward

| October 18, 2019

Nifty opened flat at 11466, declined to register day’s low 11439 but bounced back by 160 points to register day’s high 11599 and closed 122 points up at 11586. Yesterday, 11412-11369 was immediate support and 11369 was immediate downside breakeven point. Trading strategy was to sell Nifty after break and stay below 11369 but Nifty […]

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NIFTY Analysis, Outlook and Important Levels for 07 Oct 2019

NIFTY Analysis, Outlook and Important Levels for 07 Oct 2019

| October 7, 2019

Nifty opened higher at 11388, bounced further to register day’s high 11400 but declined back sharply by more than 240 points to register day’s low 11158 and closed 139 points down at 11174. Friday, overall 11398-11452 was strong resistance and Nifty was expected to decline below 11271 without breaking higher above 11452. Trading strategy was […]

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SWEEGLU ELLIOTT WAVES 38% RETRACEMENT BREAKOUT TRADING STRATEGY

SWEEGLU ELLIOTT WAVES 38% RETRACEMENT BREAKOUT TRADING STRATEGY

| October 6, 2019 | 7 Comments

Sweeglu Elliott Waves is going to share most Accurate and Profitable Trading Strategy based on 38% retracement breakout of Elliott Wave Theory. People say 61% is Golden Retracement Fibonacci Ratio, but we are going to prove with real life facts and examples that 38% retracement is way more golden than 61% and it can make […]

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Nifty Levels and Trading Strategy for 26 Sep 2019 Expiry

Nifty Levels and Trading Strategy for 26 Sep 2019 Expiry

| September 25, 2019 | 2 Comments

Nifty opened lower at 11564, declined further after opening and traded with negative bias for rest of the day. Nifty declined by more than 170 points to register day’s low 11416 before closing 148 points down at 11440. Yesterday, 11608 11608-11641 was immediate resistance and Nifty was expected to decline further towards 11480-11443. Nifty opened […]

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Fresh Elliott Wave Analysis Report of Nifty for 24 Sep 2019 Onward

Fresh Elliott Wave Analysis Report of Nifty for 24 Sep 2019 Onward

| September 23, 2019

Nifty opened huge gap up at 11572 and declined by 100 points to register day’s low 11471 but bounce back again by more than 200 points to register day’s high 11694 before closing 326 points up at 11600. Yesterday, 11213-11109 was immediate support and 11109 was immediate downside breakeven point. Nifty was expected to bounce […]

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Nifty Outlook for 23 Sep 2019 Onward – Elliott Wave Analysis

Nifty Outlook for 23 Sep 2019 Onward – Elliott Wave Analysis

| September 22, 2019

Nifty opened higher at 10746 and declined by 50 points to register day’s low 10691 but bounced back sharply by huge 690 points to register day’s high 11381 and closed 569 points up at 11274. Friday, 10752 was immediate upside breakeven/Trend Reversal point and Nifty was expected to give one more down leg of 83-133 […]

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Nifty Analysis and Trading Strategy for 20 Sep 2019

Nifty Analysis and Trading Strategy for 20 Sep 2019

| September 20, 2019

Nifty opened almost flat at 10845 but declined sharply after opening and traded with negative bias for rest of the day. Nifty declined by more than 160 points to register low 10670 and closed 135 points down at 10704. Yesterday, 10893 was immediate upside breakeven point. Nifty was expected to decline towards 10774-10707 without breaking […]

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Nifty Elliott Wave Analysis and Trading Strategy for 19 Sep Weekly Expiry

Nifty Elliott Wave Analysis and Trading Strategy for 19 Sep Weekly Expiry

| September 19, 2019

Nifty opened higher at 10872, registered high 10884 and declined back by about 80 points to register day’s low 10804 and closed 23 points up at 10840. Yesterday, 10856-10893 was immediate resistance and 10893 was immediate upside breakeven point. Nifty was expected to decline below 10746 without breaking higher above 10893. Trading strategy was to […]

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