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Nifty is Warning Cautions for Sharp Decline in Short Term – EW Analysis on 19 Aug 2015

Nifty is Warning Cautions for Sharp Decline in Short Term – EW Analysis on 19 Aug 2015

| August 19, 2015

Nifty opened flat today and declined sharply till 8425 as (abc) pattern at yesterday’s close was suggesting but reversed from lower levels and bounced till 8520 before closing 28 points positive at 8495. Let’s have a look on latest charts now. Today I am showing probable wave counts only after last week low 8338 as […]

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Nifty Seems Sell On Rise Till Aug 2015 Expiry – Elliott Wave Analysis on 18 Aug 2015

Nifty Seems Sell On Rise Till Aug 2015 Expiry – Elliott Wave Analysis on 18 Aug 2015

| August 18, 2015

Nifty opened gap up today at 8505 and bounced till 8525 in morning but failed to sustain at higher levels and declined sharply by 90 points to register day’s low of 8434 followed by upside consolidation before closing 10 points lower at 8466. Yesterday I suggested selling Nifty till 8493 using stoploss of 8516 but […]

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Nifty Can Decline Below 8321 Without Breaking Above 8516 – EW Analysis for 18 Aug 2015

Nifty Can Decline Below 8321 Without Breaking Above 8516 – EW Analysis for 18 Aug 2015

| August 17, 2015

Nifty opened mild gap up at 8530 to register a high above yesterday’s high but crashed by 100 points within 10 minutes after opening without giving any chance to take decision or initiate any trade. Then Nifty started rising gradually till 8514 again after registering low of 8428 followed by weakness again. Finally Nifty closed […]

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Nifty can Correct to 8321-8180 in Coming Sessions – EW Analysis for 17 – 28 Aug 2015

Nifty can Correct to 8321-8180 in Coming Sessions – EW Analysis for 17 – 28 Aug 2015

| August 16, 2015

Nifty opened Gap up above 8380 at 8402 on Friday as I expected in my last Elliott Wave Analysis report of Nifty and consolidated around opening price for an hour. Then Nifty gave breakout above 8413 to rise more than 100 points after breakout before closing huge 162 point up at 8518. There was a golden […]

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Elliott Wave Analysis Report of Nifty for 14 Aug 2015

Elliott Wave Analysis Report of Nifty for 14 Aug 2015

| August 13, 2015

Nifty opened Gap Up today and bounced till 8428 within a fraction of opening and traded with volatility in negative bias for rest of the day before closing just 6 points up at 8355 after registering low of 8341. Nifty also gave 3-4 sharp swings of about 50 points both sides. We were expecting a […]

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Nifty Elliott Wave Updates and Levels for 13 Aug 2015 Onwards

Nifty Elliott Wave Updates and Levels for 13 Aug 2015 Onwards

| August 12, 2015

Nifty opened Gap down today at 8445 and traded with weakness for rest of the day to decline gradually till 8337 before closing 112 points down at 8349. Nifty also achieved 8380 without breaking above 8480 which we expected yesterday. In some of my previous reports I mentioned repeatedly that conditions are not confident for […]

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Nifty Elliott Wave Analysis Report for 12 Aug 2015

Nifty Elliott Wave Analysis Report for 12 Aug 2015

| August 11, 2015

Nifty opened mild Gap Up today at 8548 but started declining after registering day’s high of 8556 and fell more than 100 points till end of the day before closing 63 points down at 8462. Yesterday I suggested that “Tomorrow, Nifty can be bought only if it trades above tomorrow’s opening price at 9:31 AM […]

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Long Term and Short Term Elliott Wave Analysis of Nifty as on 10 Aug 2015

Long Term and Short Term Elliott Wave Analysis of Nifty as on 10 Aug 2015

| August 10, 2015

Nifty opened mild Gap Up today at 8577 and bounced sharply till 8621 in first hour of trade. Nifty consolidated in 8620-8600 range for more than couple of hours followed by a sharp downward jerk of 100 points in just 10 minutes before closing 39 points down at 8525 after registering day’s low of 8497. […]

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Nifty Elliott Wave Analysis and Updates for 29 July 2015

Nifty Elliott Wave Analysis and Updates for 29 July 2015

| July 28, 2015

Nifty opened mild gap up today at 8371 and traded with volatility in negative bias. Nifty bounced till 8397 in morning session but started declining and registered day’s low of 8321 before closing 24 points down at 8337. Today I am showing the counts of decline from 8655 only as previous counts are same as […]

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Nifty can Decline below 7940 in August Expiry – EW Analysis on 28 July 2015

Nifty can Decline below 7940 in August Expiry – EW Analysis on 28 July 2015

| July 28, 2015

Nifty opened Gap down today and declined sharply almost 170 points from previous close without breaking above today’s opening price. As I was expecting a small or big decline in my yesterday’s analysis report and mentioned that Nifty need to fall sharply today otherwise we can see high above 8655 again (as there was some […]

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