RSSNifty

Elliott Wave Analysis Report of Nifty for 15 Nov 2016

Elliott Wave Analysis Report of Nifty for 15 Nov 2016

| November 15, 2016

Nifty opened gap down on Friday at 8456 and traded with negative bias for rest of the day. Nifty declined more than 230 points before closing 229 points down at 8296. It was again a big range day with huge gap down. Yesterday, 8437 was the breakeven point and Selling was suggested if break or […]

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Nifty Elliott Wave Analysis of Nifty for 10 Nov 2016 after Huge Gap Down of 500 Points

Nifty Elliott Wave Analysis of Nifty for 10 Nov 2016 after Huge Gap Down of 500 Points

| November 10, 2016

Nifty opened huge gap down of about 500 points at 8067 and declined further till 8002 but recovered 200 points within 5 minutes and traded with strength for rest of the day. Finally Nifty closed 111 points down at 8432 after registering day’s low 8002 and high 8476. Overall it was a huge range day. […]

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Nifty Elliott Wave Updates for 09 Nov 2016 Onward Ahead of Important Events

Nifty Elliott Wave Updates for 09 Nov 2016 Onward Ahead of Important Events

| November 9, 2016

Nifty opened good gap up at 8540 but failed to sustain at higher levels and traded with negative bias for most of the day. Nifty declined gradually to register day’s low 8480 but bounced sharply by 80 points in last 60-90 minutes to register day’s high 8560 before closing 46 points up at 8543. Yesterday, […]

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Further Elliott Wave Updates of Nifty for 07 Nov 2016 Onward

Further Elliott Wave Updates of Nifty for 07 Nov 2016 Onward

| November 6, 2016

Nifty opened mild gap up at 8504 but again failed to sustain at higher levels and trader with negativity for rest of the day. Nifty declined gradually to register day’s low 8400 before closing 51 points down at 8433. Friday, suggested buying Nifty only if trades above opening price at 9:31 AM (after first 15 […]

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Nifty Can Bounce Sharply Above 8968 Without Breaking Much Below 8377

Nifty Can Bounce Sharply Above 8968 Without Breaking Much Below 8377

| November 2, 2016

Nifty opened huge gap down at 8542 and traded with negative bias rest of the day. Nifty decline about 120 points from previous close to register day’s low 8504 before closing 112 points down at 8514. Yesterday, there was no trading strategy suggested and only 8900-9000 Calls in very light quantity was suggested to hold […]

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Nifty Elliott Wave Analysis and Outlook for 01 Nov 2016 Onward

Nifty Elliott Wave Analysis and Outlook for 01 Nov 2016 Onward

| October 31, 2016

Nifty opened gap up on Muhurat trading at 8672 but failed to sustain at higher levels and declined straight way to register day’s low 8616 before closing 12 points down at 8625. On Sunday, Nifty opened gap up as per expectations but failed to sustain at higher levels and trailing stoploss of 8631 triggered. Nov […]

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Elliott Wave Outlook of Nifty for 30 Oct 2016 Onwards

Elliott Wave Outlook of Nifty for 30 Oct 2016 Onwards

| October 30, 2016

Nifty opened mild gap up at 8625 but declined sharply below 8600 to register day’s low 8581 (8625 was just flash open). Nifty bounced again sharply from lower levels by 70 points towards 8650 followed by consolidation before closing 22 points up at 8638. Yesterday, I expected a possibility of Irregular Correction and mentioned if […]

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Elliott Wave Analysis Report of Nifty for 28 Oct 2016

Elliott Wave Analysis Report of Nifty for 28 Oct 2016

| October 28, 2016

Nifty opened mild gap down at 8607 and declined gradually to register day’s low 8550 but bounced sharply from lower levels by 70 points to register day’s high 8624 before closing 3 points down at 8615. Yesterday, trading strategy to buy Nifty with 30 points stoploss if break above 8635 and holding Nov 8900-9000 calls […]

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Nifty Likely to Stay Positive in Coming Sessions 26 Oct 2016 Onward

Nifty Likely to Stay Positive in Coming Sessions 26 Oct 2016 Onward

| October 25, 2016

Nifty opened mild gap up at 8721 but declined sharply just after opening and registered day’s low 8663 followed by range bound consolidation between 8670-8700 for rest of the day. Finally Nifty closed 17 points down at 8691. Yesterday, a small or minimum correction was expected minimum towards 8681-8648 and trading strategy was to sell […]

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Elliott Wave Analysis Report of Nifty for 24 Oct 2016

Elliott Wave Analysis Report of Nifty for 24 Oct 2016

| October 23, 2016

Nifty opened mild gap at 8708 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined about 50 points from day’s high to register day’s low 8652 followed by a sharp bounce before closing 6 points negative at 8693. Friday, there was no exact trading strategy […]

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