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

Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar

| May 11, 2016

Irregular correction is most frequently seen pattern of Elliott Wave Theory which witnessed even more than Simple Zigzag Correction but it is very less understood by majority of Elliott Wave Theory analysts and practitioners, even a very few EWT analysts knows about this word “Irregular Correction”. You must have observed this word “Irregular Correction” in […]

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Elliott Wave Analysis Updates of Nifty for 10 May 2016

Elliott Wave Analysis Updates of Nifty for 10 May 2016

| May 9, 2016

This Elliott Wave analysis report of Nifty for 10 May 2016 I am publishing here as the latest updates for my previous analysis report published here. Click Nifty Can Bounce above 7992 again in Near Term – Elliott Wave Analysis to read my last report.  This analysis report is 100% same as I sent to my clients/subscribers. […]

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Nifty Can Bounce above 7992 again in Near Term – Elliott Wave Analysis

Nifty Can Bounce above 7992 again in Near Term – Elliott Wave Analysis

| May 3, 2016

Nifty opened mild gap up today at 7824 and bounced sharply to register day’s high 7890 but failed to sustained at higher levels and declined more than 150 points from day’s high to register day’s low 7735 before closing 58 points down at 7747. It was a volatile day with huge swings. Yesterday I expected […]

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Elliott Wave Analysis Report of Nifty for 02 May 2016

Elliott Wave Analysis Report of Nifty for 02 May 2016

| May 2, 2016

Nifty opened flat on Friday at 7844 and bounced sharply to register day’s high 7889. But Nifty failed to sustain at higher levels and fall again by 100 points to register day’s low 7788 followed by bounce again of 80 points before closing flat at 7849. Overall it was a highly volatile day with huge […]

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Elliott Wave Outlook of Nifty for April 2016 Expiry Onwards

Elliott Wave Outlook of Nifty for April 2016 Expiry Onwards

| April 27, 2016

Nifty opened bit lower today at 7942 but bounced sharply from low to break yesterday high followed by a range bound move for rest of the day. Finally Nifty closed 17 points up at 7979 after registering low of 7940 and high of 7991. Yesterday I expected a bounce from lower levels and suggested buying […]

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Elliott Wave Updates of Nifty for 08 April 2016

Elliott Wave Updates of Nifty for 08 April 2016

| April 8, 2016

This analysis report of Nifty for 08 April 2016 I am publishing as updates on my previous report Nifty Can Bounce Above 7777 Once Again Before Further Decline as pattern I had explained is negated after a touch of 7585. Nifty opened gap up today at 7630 but declined sharply just after opening and traded with negative […]

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Nifty Can Bounce Above 7777 Once Again  Before Further Decline

Nifty Can Bounce Above 7777 Once Again Before Further Decline

| April 5, 2016

Please read whole Elliott Wave Analysis Report of Nifty till end. Don’t read just the title but read all the conditions and probabilities explained below. Nifty opened gap down today at 7736 and traded with weakness for rest of the day. Nifty declined about 170 points from previous close with huge volatility to register day’s […]

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Elliott Wave Update of Capital First Ltd (CAPF) as on 31 March 2016

Elliott Wave Update of Capital First Ltd (CAPF) as on 31 March 2016

| March 31, 2016

This Elliott Wave Analysis report of Capital First Ltd (CAPF) is update on my previous analysis report Capital First Limited (CAPF) can achieve 464-551 without breaking below 320, CMP 359 prepared on 28 Feb 2016 where I expected this stock to bounce till 464-551 in medium term without breaking below 320 when stock was trading […]

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Nifty is Preparing for a Good Decline in Coming Days – Elliott Wave Analysis

Nifty is Preparing for a Good Decline in Coming Days – Elliott Wave Analysis

| March 30, 2016

Nifty opened gap up at 7651 and traded with huge strength for rest of the day. Nifty bounced gradually till 7741 without even a single correction in between and closed huge 138 points up at 7735. Yesterday I explained 02 conditions. Either Nifty can bounce from 7582-7548 levels or Nifty can bounce above 7652 even […]

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Elliott Wave Analysis Report of Nifty for 30 March 2016 – Importance of Learning

Elliott Wave Analysis Report of Nifty for 30 March 2016 – Importance of Learning

| March 30, 2016

Nifty opened flat today at 7606 and bounced sharply till 7645 but failed to sustain at higher levels and declined again to register day’s low 7582. Then again Nifty bounced by 70 points to register day’s high 7652 followed by decline below 7590 again before closing 18 points down at 7597. Overall it was a […]

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