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Elliott Wave Analysis and Trading Strategy of Nifty for 20 Sep 2017 Onward

Elliott Wave Analysis and Trading Strategy of Nifty for 20 Sep 2017 Onward

| September 19, 2017

Nifty opened higher at 10175 and registered new life time high 10178 but declined just after opening and traded with negative bias for rest of the day. Nifty declined to register day’s low 10129 before closing 5 points down at 10147. Yesterday, I explained that short term outlook is still bullish for bounce above 10171 […]

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Fresh Elliott Wave Analysis of Nifty on All Time Frames as on 14 Aug 2017

Fresh Elliott Wave Analysis of Nifty on All Time Frames as on 14 Aug 2017

| August 14, 2017

Nifty registered all time high 10137 on 02 Aug 2017 and then declined sharply by more than 400 points to break medium term breakeven point 9873 last Thursday. Now, break of medium term breakeven point and sharp impulsive decline from high is indicating the possibility of good correction which may take some time to complete. […]

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Nifty has Possibility to Decline Towards 9956-9859 in Coming Days – Elliott Wave Analysis

Nifty has Possibility to Decline Towards 9956-9859 in Coming Days – Elliott Wave Analysis

| July 28, 2017

Nifty opened higher at 10063 and bounced further to register day’s high 10114 but failed to sustain at higher levels and declined back by more than 100 points from high to register day’s low 10005 before closing flat at 10020. Yesterday, I mentioned that some sort of Impulse is about to completed may be around […]

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Nifty can Bounce Further Towards 9992-10102 in Short Term –  Elliott Wave Analysis

Nifty can Bounce Further Towards 9992-10102 in Short Term – Elliott Wave Analysis

| July 19, 2017

Nifty opened gap up at 9855 and traded with strength for rest of the day. Nifty bounced further after opening to register day’s high 9905 before closing 72 points up at 9899. Yesterday, one more bounce for new high above 9928 was expected in coming days because of Irregular Correction at top whereas 9790 was […]

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Nifty Outlook and Trading Strategy for 18 July 2017 Onward – Elliott Wave Analysis

Nifty Outlook and Trading Strategy for 18 July 2017 Onward – Elliott Wave Analysis

| July 18, 2017

Nifty opened higher at 9908 and traded in narrow range of 34 points between 9494-9928 for whole day with positive bias. Finally Nifty closed 29 points up at 9915. Friday, Nifty was expected to bounce towards 9914-9928 which further can extend towards 9965 and 9865 was reference for breakeven point. Trading strategy was to hold […]

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Further Elliott Wave Analysis Updates of Nifty for 13 July 2017 Onward

Further Elliott Wave Analysis Updates of Nifty for 13 July 2017 Onward

| July 12, 2017

Nifty opened mild higher at 9807 and bounced further to register day’s high 9824 and traded in narrow of 37 points between 9787-9824 for rest of the day. Finally Nifty closed 30 points up at 9816. Yesterday, 9758 was breakeven point on downside below which further decline towards 9643 was expected and 9807 was breakeven […]

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Elliott Wave Analysis and Trading Strategy of Nifty for 12 July 2017 Onward

Elliott Wave Analysis and Trading Strategy of Nifty for 12 July 2017 Onward

| July 11, 2017

Nifty opened higher at 9797 and bounced further to register new life time high 9830 but failed to sustain at those higher levels and declined back to register day’s low 9778 before closing 15 points up at 9786. In my last analysis report (for 10 July), I expected a bounce above 9700 and suggested to […]

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Further Elliott Wave Outlook and Trading Strategy of Nifty for 05 July 2017

Further Elliott Wave Outlook and Trading Strategy of Nifty for 05 July 2017

| July 4, 2017

Nifty opened higher at 9645 and registered day’s high 9650 but failed to sustain at higher levels and declined by 55 points to register day’s low 9595 followed by bounce again. Finally, Nifty closed just 1 point down at 9613. Yesterday, further bounce towards 9649-9690 was expected followed by the possibility of decline towards low […]

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Nifty Elliott Wave Outlook and Trading Strategy for 03 July 2017

Nifty Elliott Wave Outlook and Trading Strategy for 03 July 2017

| July 3, 2017

Nifty opened lower at 9478 and declined further to register day’s low 9448 but bounce from lower levels by more than 80 points to register day’s high 9535 before closing 16 points up at 9520. Friday, 9513 was breakeven point for short term and 9472-9454 was the range from where a small or big bounce […]

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Outlook of Nifty for 20 June 2017 Onward – Perfect Example of Triple Zigzag Correction

Outlook of Nifty for 20 June 2017 Onward – Perfect Example of Triple Zigzag Correction

| June 20, 2017

Nifty opened higher 9626, bounced sharply after opening and traded with strength for rest of the day. Nifty bounced more than 80 points to register day’s high 9673 before closing 69 points up at 9657. Friday, Bounce above 9709 was expected in coming days with some confusion in lower range. So, 9700 Jun call taken […]

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