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"

rss feed Author's Website

Deepak Kumar's Latest Posts

Elliott Wave Analysis Report of Nifty for 26 May 2016

Elliott Wave Analysis Report of Nifty for 26 May 2016

| May 26, 2016

This Elliott wave analysis report of Nifty for 26 May 2016 is latest update on my previous report as most of the patterns and outlook has been changed. And this long report more targeted to my students/book subscribers rather than outlook to show the only way to conclude probabilities by checking all the rules of  EWT. […]

Continue Reading

Nifty Elliott Wave Outlook for May 2016 Expiry Week

Nifty Elliott Wave Outlook for May 2016 Expiry Week

| May 22, 2016

Nifty opened flat on Friday followed by range bound consolidation between 7780-7812 but declined sharply later to register day’s low 7735 before closing 33 points down at 7749. In Yesterday’s report, I expected a decline till 7752-7721 and also mentioned that Nifty can be bought if get in between 7752-7721 with stoploss 7709 expecting 60-90 […]

Continue Reading

Elliott Wave Update of Nifty for 17 May 2016 Onward

Elliott Wave Update of Nifty for 17 May 2016 Onward

| May 17, 2016

This Elliott Wave Analysis report is further update on my previous analysis report Nifty can Bounce above 8032 without breaking below 7730 – EW Analysis on 15 May 2016 where I expected a bounce from 7783-7757 range for 8032 and Nifty already bounce 100 points from that range. I have updated the further possibilities and stoploss and […]

Continue Reading

Nifty can Bounce above 8032 without breaking below 7730 – EW Analysis on 15 May 2016

Nifty can Bounce above 8032 without breaking below 7730 – EW Analysis on 15 May 2016

| May 15, 2016

Nifty opened mild gap down on Friday followed by a sharp decline below 7800. Nifty declined more than 110 points from previous close followed by range bound consolidation before closing 85 down at 7814. In Friday’s report, I expect a decline of 100-140 from 7916-7940 but Nifty declined without touching that range. 7860 was pattern’s […]

Continue Reading

Elliott Wave Analysis Updates of Nifty for 12 May 2016

Elliott Wave Analysis Updates of Nifty for 12 May 2016

| May 12, 2016

This Elliott wave analysis report of Nifty is exactly same which I prepared and sent yesterday to my subscribers/students. I am posting it late around 9:45 AM on my website as immediate action I expected in this report is already happened (so that my paid subscriber wouldn’t object) and it can help to conclude further scenario. Nifty opened huge […]

Continue Reading

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 […]

Continue Reading

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. […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading