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Elliott Wave Updates of Nifty for 29 Dec 2015 Onwards

Elliott Wave Updates of Nifty for 29 Dec 2015 Onwards

| December 28, 2015

This Elliott Wave Analysis Report of Nifty for 29 Dec 2015 I am posting as updates on my yesterday’s report Elliott Wave Outlook of Nifty for Dec 2015 Expiry Week as outlook given in this report is almost failed. Nifty opened flat today at 7963 but bounced sharply and traded with strength for whole day. Nifty bounced […]

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Elliott Wave Outlook of Nifty for Dec 2015 Expiry Week

Elliott Wave Outlook of Nifty for Dec 2015 Expiry Week

| December 28, 2015

Nifty opened gap up at 7888 but declined sharply just after opening and consolidated with negative bias for rest of the day. Finally Nifty closed just 4 points down at 7861 after giving low of 7835. In my last report, I expected weakness at higher levels and suggested “If Nifty trades below opening price continuously […]

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Elliott Wave Outlook of Nifty for 22 to 24 Dec 2015

Elliott Wave Outlook of Nifty for 22 to 24 Dec 2015

| December 21, 2015

Nifty opened flat today at 7745 and registered low of 7733 but bounced from lower levels and traded with strength for rest of the day to rise more than 100 points from day’s low. Finally Nifty closed 72 points up at 7834 after giving high of 7840. Yesterday I suggested to buy Nifty if trades […]

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Identification and Importance of Irregular Correction formed on 17 Dec 2015

Identification and Importance of Irregular Correction formed on 17 Dec 2015

| December 17, 2015

Nifty opened gap up today at 7883 as expected but started falling after hitting 7800 and declined gradually till 7737. But again Nifty bounced sharply from lower levels to rise more than 110 points from low before closing 93 points up at 7844. Yesterday I expected that Nifty can bounce minimum till 7803-7845 without breaking […]

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Elliott Wave Targets of Nifty for 17 Dec 2015 after Fed Meet

Elliott Wave Targets of Nifty for 17 Dec 2015 after Fed Meet

| December 16, 2015

Nifty opened mild gap up today at 7725 followed by a small decline till 7715 but bounced sharply from lower levels and traded with strength for rest of the day. Finally Nifty closed 50 points up at 7750 after giving high of 7776. Yesterday we expected a minimum upside of 7707-7733 which achieved at opening […]

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Elliott Wave Outlook of Nifty for the Week Starting 14 Dec 2015

Elliott Wave Outlook of Nifty for the Week Starting 14 Dec 2015

| December 13, 2015

Nifty opened gap up at 7699 but declined sharply after hitting high of 7703 and traded with weakness for rest of the day to decline more than 120 points from day high. Finally Nifty closed 72 points down at 7610 after registering day’s low of 7575. In Friday’s analysis report Elliott Wave Analysis Report of […]

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Elliott Wave Analysis Report of Nifty for 11 Dec 2015

Elliott Wave Analysis Report of Nifty for 11 Dec 2015

| December 10, 2015

Nifty opened gap up today at 7643 and declined till 7610 but bounced again from lower levels to register day’s high of 7691 before closing 70 points up at 7683. Yesterday I mentioned that downside is limited and we need to see a bounce very soon before any further fall and minimum bounce should be […]

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Elliott Wave Outlook of Nifty for Dec 2015 Series

Elliott Wave Outlook of Nifty for Dec 2015 Series

| December 6, 2015

Today I am analyzing medium term charts covering decline after all time high 9117 to see if we can identify something for medium to short term. Let’s start with daily chart covering move after 9117. This is daily time bar chart of Nifty covering move after Mar 2015 high 9117. The whole decline from high […]

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Elliott Wave Levels of Nifty for Tomorrow 03 Dec 2015

Elliott Wave Levels of Nifty for Tomorrow 03 Dec 2015

| December 2, 2015

Nifty opened gap up today at 7976 but declined sharply just after opening and traded with negative bias for rest of the day. Nifty decline 70 points from high before closing 23 points down at 7931. In my yesterday’s report, I suggested either buy Nifty on decline till 7930-7915 with stoploss of 7905 or Buy […]

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Nifty Important Levels and Targets for Tomorrow 02 Dec 2015

Nifty Important Levels and Targets for Tomorrow 02 Dec 2015

| December 1, 2015

Nifty opened gap up today at 7958 and traded in narrow range of 38 points for rest of the day with range bound volatility. Finally Nifty closed 19 points up at 7954 after registering day’s high of 7972 and low of 7934. In my yesterday’s report, I suggested buying with stoploss 7905 expecting minimum targets […]

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