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Nifty Can Decline Below 11100 Without Breaking Higher Above 11368

Nifty Can Decline Below 11100 Without Breaking Higher Above 11368

| May 17, 2019

Nifty opened higher at 11180, declined to register day’s low 11143 but bounce back by more than 130 points to register day’s high 11281 and finally closed 100 points up at 11257. Yesterday, Overall Nifty was in negative zone with 11269-11368 as major resistance and 11368 as major upside breakeven point. 11170-11190 was immediate resistance […]

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Nifty Outlook and Trading Strategy for 16 May 2019

Nifty Outlook and Trading Strategy for 16 May 2019

| May 16, 2019

Nifty opened higher at 11271, registered high 11286 but failed to sustain at higher levels and declined back by about 150 points to register day’s low 11137 and closed 65 points down at 11157. Friday, Nifty was in negative zone with 11269-11368 as major resistance and 11368 as major upside breakeven point. One more decline […]

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Elliott Wave Analysis Report of Nifty for 15 May 2019

Elliott Wave Analysis Report of Nifty for 15 May 2019

| May 15, 2019 | 0 Comments

Nifty opened almost flat at 11151, registered low 11108 but bounced back by more than 180 points to register day’s high 11294 followed by sharp decline of 110 points again and finally closed 73 points up at 11222. Friday, Nifty was in negative zone with 11283-11381 as major resistance and 11381 as major upside breakeven […]

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Nifty Analysis and Trading Strategy for 14 May 2019

Nifty Analysis and Trading Strategy for 14 May 2019

| May 13, 2019 | 1 Comment

Nifty opened bit lower at 11258, bounced to register day’s high 11300 but failed to sustain at higher levels and decline by 175 points from day’s high to register day’s low 11125 and closed 130 points down at 11148. Friday, Nifty was in negative zone with 11349-11485 as immediate resistance and 11485 as immediate upside […]

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Elliott Wave Analysis Report of Nifty for 13 May 2019

Elliott Wave Analysis Report of Nifty for 13 May 2019

| May 12, 2019 | 0 Comments

Nifty opened bit higher at 11314 and traded in 11270-11347 range for most of the day followed by decline of about 90 point from 11345-11251 in last 45 minutes and closed 22 points down at 11278. Friday, Nifty was in negative zone with 11383-11485 as immediate resistance and 11485 as immediate upside breakeven point and […]

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Nifty is Warning Cautions for Decline Towards 10585-10004

Nifty is Warning Cautions for Decline Towards 10585-10004

| May 10, 2019 | 0 Comments

Nifty opened lower at 11322 and traded between 11357-11255 range with repeated up-down swing. Finally, Nifty closed 57 points down at 11301. Yesterday, Nifty was in negative zone with 11453-11519 as immediate resistance and 11519 as immediate upside breakeven point and one more decline of 170-250 points was possible. Any upside reversal was possible after […]

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Nifty Outlook and Important Levels for 09 May 2019

Nifty Outlook and Important Levels for 09 May 2019

| May 9, 2019

Nifty opened lower at 11478, registered high 11479 but declined sharply after opening and traded with negative bias for rest of the day. Nifty declined by more than 140 points to register day’s low 11348 and closed 138 points down at 11359. Yesterday, Nifty was in negative zone with 11555-11600 as immediate resistance and 11600 […]

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Elliott Wave Analysis Report of Nifty for 07 May 2019

Elliott Wave Analysis Report of Nifty for 07 May 2019

| May 6, 2019

Nifty opened more than 100 points lower at 11605 and traded with negative bias for rest of the day. Finally, Nifty closed 114 points down at 11598 after registering low 11571 and low 11632. Yesterday, there was possibility for a bounce towards 11796 and 11656 was pattern negation point on downside. We needed to look […]

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Elliott Wave Analysis of Nifty for 23 Apr 2019

Elliott Wave Analysis of Nifty for 23 Apr 2019

| April 22, 2019 | 0 Comments

Nifty opened lower at 11727, declined further after opening and traded with negative bias for rest of the day. Nifty declined by more than 160 points to register day’s low 11583 and closed 158 points down at 11594. Thursday, 11738 was immediate support and downside breakeven point and Nifty was expected to decline further towards […]

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Nifty Can Bounce Towards 11907 Soon

Nifty Can Bounce Towards 11907 Soon

| April 3, 2019

Nifty opened higher at 11711 and declined sharply after opening to register day’s low 11655 but bounced back again by more than 70 points to register day’s high 11729 and closed 44 points up at 11713. Friday, overall Nifty was bullish for short/medium term with possibility of one more bounce of minimum 263 points from […]

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