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Nifty EW Analysis and Outlook for 28 Mar 2019 Expiry

Nifty EW Analysis and Outlook for 28 Mar 2019 Expiry

| March 26, 2019

Nifty opened gap up at 11375, declined to resister day’s low 11352 but bounced back by more than 140 points to register day’s high 10496 and closed 129 points up at 11483. Yesterday, overall Nifty was bullish for short/medium term with 11258 as short term breakeven point. Whereas 11360-11390 was intraday resistance and 11390 was […]

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Elliott Wave Analysis Report of Nifty for 18 Mar 2018 Onward

Elliott Wave Analysis Report of Nifty for 18 Mar 2018 Onward

| March 18, 2019

Nifty opened higher at 11376, registered low 11370 and bounced further by more than 110 points to register day’s high 11487 but declined back and closed 83 points down at 10426. Yesterday, overall pattern was indicating bounce towards 11566-11797 in coming days but internal waves were sharp and highly extended. 11233-11141 was overall support and […]

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Fresh EW Analysis Updates of Nifty for 12 Mar 2019 Onward

Fresh EW Analysis Updates of Nifty for 12 Mar 2019 Onward

| March 12, 2019 | 0 Comments

Nifty opened higher at 11068, registered low 11059 and bounced further by more than 120 points to register day’s high 11180 and finally closed 132 points up at 11168. Yesterday, overall Nifty was expected to bounce by 114-160 points either without breaking below 10998 or without breaking below 10950. 10988-10950 was short term support. Trading […]

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Elliott Wave Analysis of Nifty for 11 Mar 2019 Onward

Elliott Wave Analysis of Nifty for 11 Mar 2019 Onward

| March 11, 2019

Nifty opened lower at 11038, traded in narrow range of 40 points between 11008-11049 and finally closed 22 points down at 11035. Friday, 11017-10972 was immediate support and 10972 was downside breakeven point. And downside reversal was expected after break below 10972 only. One more bounce of 120-180 points was expected without breaking below 10972. […]

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Nifty can Decline Towards 10729-10585 Again

Nifty can Decline Towards 10729-10585 Again

| March 4, 2019 | 1 Comment

Nifty opened higher at 10842, traded in narrow range on 50 points between 10823-10877 and closed 71 points up at 10863. Friday, I just sent general outlook and trading strategy because I was not able to prepare and send complete analysis report. The possibility of decline towards 10729-10585-10534 was still there and 10865-10898 was immediate […]

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Nifty can Decline Towards 10759-10585 from 10896-10982

Nifty can Decline Towards 10759-10585 from 10896-10982

| February 25, 2019

Nifty opened higher at 10813, registered low 10788 but bounced back by about 100 points to register day’s high 10887 and closed 88 points up at 10880. Yesterday, Nifty was in short/Medium term negative zone with possibility of decline towards 10534-10333 in coming days. 10810 was still the overall upside breakeven point whereas 10746 was […]

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Nifty Trading Strategies for Feb 2019 Expiry Week

Nifty Trading Strategies for Feb 2019 Expiry Week

| February 24, 2019

Nifty opened bit lower at 10782 and traded in narrow range of 40 points between 10758-10801 for rest of the day. Finally, Nifty closed flat at 10791 after a dull range bound day. Yesterday, Nifty was in short/Medium term negative zone with possibility of decline towards 10534-10333 in coming days. 10810 was still the overall […]

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Nifty Analysis and Trading Stratgies for 18 Feb 2019 Onward

Nifty Analysis and Trading Stratgies for 18 Feb 2019 Onward

| February 17, 2019

Nifty opened higher at 10780, registered high 10785 and declined by more than 160 points to register day’s low 10620 but bounced back again by 120 points and close 21 points down at 10724. Friday, Nifty was in short/Medium term negative zone with 10795 as upside breakeven point, 10956-11032 as strong resistance and 10659 as […]

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Nifty can Decline towards 10534-10333 in Coming Says

Nifty can Decline towards 10534-10333 in Coming Says

| February 11, 2019 | 0 Comments

Nifty opened lower at 11023, bounced to register day’s high 11041 but failed to sustain at higher levels and declined by more than 100 points with volatility to register day low 10925 and closed 125 down at 10943. Yesterday, 11213 was very strong resistance and 11046-11001 was immediate support. 11001 was downside breakeven point and […]

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Elliott Wave Analysis of Nifty for 04 Feb 2019

Elliott Wave Analysis of Nifty for 04 Feb 2019

| February 2, 2019

Nifty opened higher at 10851 and bounced further to register day’s high 10983 but declined back sharply by about 170 points to register day’s low 10813 and closed 62 points up at 10893. Yesterday, Nifty was in positive zone with 10784-10752 as immediate support and bounce towards 10923-10987 was possible. Any downside reversal was expected […]

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