Elliott Wave Analysis Report of Nifty for 15 Nov 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...

Elliott Wave Outlook of Nifty for 30 Oct 2016 Onwards

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...

Elliott Wave Analysis Report of Nifty for 28 Oct 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...