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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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Elliott Wave Analysis Report of Nifty for 21 Oct 2016

Elliott Wave Analysis Report of Nifty for 21 Oct 2016

| October 20, 2016

Nifty opened gap up today at 8693 and bounced straight way to register day’s high 8727 but failed to sustain at higher levels and declined back gradually to register new day’s low 8678 before closing 40 points up at 8699. Yesterday, I mentioned 3 conditions out which “buy Nifty if open above 8687 with stoploss […]

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Elliott Wave Updates of Nifty for 18 Oct 2016

Elliott Wave Updates of Nifty for 18 Oct 2016

| October 17, 2016

Nifty opened gap up today at 8612 but declined sharply just after opening and traded with negative bias for rest of the day. Nifty decline almost 110 points from day’s high before closing 63 points down at 8520. Yesterday, trading strategy was to buy Nifty if “open gap up above 8618” or “break sharply above […]

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Nifty have Possibility to Bounce Sharply on 17 Oct 2016

Nifty have Possibility to Bounce Sharply on 17 Oct 2016

| October 16, 2016

Nifty opened mild gap up on Friday at 8594 and declined sharply to register day’s low 8549 but traded with positive bias later for the day. Nifty bounced gradually from morning low to register day’s high 8604 before closing 10 points up at 8583. Friday, there was no particular trading strategy suggested but just mentioned […]

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Nifty Can Bounce towards 8700-8800 from 8550-8393 Range

Nifty Can Bounce towards 8700-8800 from 8550-8393 Range

| October 14, 2016

Nifty opened gap down today at 8671 followed by sharp decline and traded with negative bias for rest of the day. Nifty declined by more than 150 points to register day’s low 8541 before closing huge 135 points down at 8573. Yesterday, trading strategy was to Buy Nifty in 8694-8681 range using exact stoploss of […]

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Elliott Wave Outlook of Nifty for 10 Oct 2016 Onward

Elliott Wave Outlook of Nifty for 10 Oct 2016 Onward

| October 9, 2016

Nifty opened mild gap up on Friday at 8721 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined to register day’s low 8664 before closing 11 points down at 8697. Friday, trading strategy was to Buy Nifty only if touch 8732 with stoploss of 30 […]

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Elliott Wave Analysis Report of Nifty for 06 Oct 2016

Elliott Wave Analysis Report of Nifty for 06 Oct 2016

| October 5, 2016

Nifty opened gap up at 8806 but decline sharply after opening and traded with weakness for rest of the day. Nifty decline more than 70 points from high to register day’s low 8731 before closing 25 points down at 8743. Yesterday, 8822-8875 was expected on higher side and stoploss for all longs was 8738. Nifty […]

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Elliott Wave Outlook of Nifty for 05 Oct 2016 Onward

Elliott Wave Outlook of Nifty for 05 Oct 2016 Onward

| October 4, 2016

Nifty almost achieved minimum target 8800 expected after break above 8689 in my previous analysis report Elliott Wave Analysis Report of Nifty for 03 Oct 2016 Onward. This analysis report is further update of my previous analysis as action expected in previous report is already happened. Nifty opened gap up at 8770 and declined gradually towards 8740 followed […]

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Elliott Wave Analysis Report of Nifty for 03 Oct 2016 Onward

Elliott Wave Analysis Report of Nifty for 03 Oct 2016 Onward

| October 2, 2016

Nifty opened mild lower at 8581 followed by a decline to register day’s low 8555 but bounced from lower levels and traded with positive bias for rest of the day with volatility. Finally Nifty closed 19 points up at 8611 after registering day’s high 8636. Friday, I expected a pause or small bounce or sharp […]

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Elliott Wave Outlook of Nifty Towards Sep 2016 Expiry

Elliott Wave Outlook of Nifty Towards Sep 2016 Expiry

| September 28, 2016

Nifty opened gap up at 8748 and bounced sharply to register day’s high 8768 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined more than 70 points from day’s high and closed 16 points down at 8706. Yesterday, I expected a bounce of 40-65 points […]

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