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Elliott Wave Outlook of Nifty for 10 April 2018 Onward

Elliott Wave Outlook of Nifty for 10 April 2018 Onward

| April 9, 2018

Nifty opened flat at 10333, registered low 10290 but bounced from lower levels and traded with strength for rest of the day. Nifty bounced to register day’s high 10397 and finally closed 47 points up at 10397. Friday, short term outlook was bullish with 10293-10258 as support range on downside and 10389-10454 as expected target […]

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Nifty is Still Bullish for Medium and Long Term – Fresh EW Analysis on All Time Frames

Nifty is Still Bullish for Medium and Long Term – Fresh EW Analysis on All Time Frames

| March 26, 2018

Nifty declined more than 1200 points from high and the chart are giving some clarity at higher time frames now. So, today I am revising wave counts on all time frames to identifying the changes and to conclude the further possible road map of Nifty in Long, Medium and Short Term. Friday, the Ending Diagonal […]

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Nifty can Bounce by 300-400 Points from 10141-10083 Range

Nifty can Bounce by 300-400 Points from 10141-10083 Range

| March 19, 2018

Nifty opened lower at 10345, decline sharply just after opening and traded with huge negativity for rest of the day. Nifty declined by about 180 points to register day’s low 10180 and closed 165 points down at 10195. Yesterday, I expected an Ending Diagonal Triangle in progress and a decline below 10141 was expected without […]

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Outlook and Trading Strategy of Nifty for 16 Mar 2018 Onward

Outlook and Trading Strategy of Nifty for 16 Mar 2018 Onward

| March 16, 2018

Nifty opened almost flat at 10405 and bounced further to register day’s high 10420 but failed to sustain at higher levels and decline by more than 70 points to register day’s low 10346 and finally closed 50 points down at 10360. Yesterday, I expected an Ending Diagonal Triangle in progress and 10440 was the point […]

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Nifty Analysis and Trading Strategy for 07 Mar 2018 Onward

Nifty Analysis and Trading Strategy for 07 Mar 2018 Onward

| March 7, 2018

Nifty opened higher at 10420 and bounced further to register day’s high 10441 but failed to sustain at higher levels decline by more than 220 points from day’s high to register low 10215 and closed 109 points down at 10249. Yesterday, Nifty was in short term negative zone with 10403 as breakeven point and a […]

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Elliott Wave Outlook and Trading Srategy for 01 March 2018

Elliott Wave Outlook and Trading Srategy for 01 March 2018

| March 1, 2018

Nifty opened lower at 10488, registered low 10461 and traded with positive bias for rest of the day with range bound volatility. Nifty traded in 10535-10461 range for whole day and closed 61 points down at 10492. Yesterday, the overall wave counts were suggesting one more decline for low below 10276, most probably from 10637-10829 […]

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Elliott Wave Analysis and Trading Strategy of Nifty for 28 Feb 2018

Elliott Wave Analysis and Trading Strategy of Nifty for 28 Feb 2018

| February 27, 2018

Nifty opened higher at 10615, registered high 10631 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by more than 90 points from day’s high to register day’s low 10537 and closed 28 points down at 10554. Yesterday, the overall wave counts were suggesting one […]

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Further Elliott Wave Analysis Updates of Nifty for 19 Feb 2018 Onward

Further Elliott Wave Analysis Updates of Nifty for 19 Feb 2018 Onward

| February 18, 2018

This analysis report is further update on my last analysis report ( Nifty can Bounce Sharply towards 10759-10829 Very Soon ) because short term pattern explained on this report was negated. Nifty opened higher at 10596, registered high 10612 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty […]

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Nifty can Bounce Sharply towards 10759-10829 Very Soon

Nifty can Bounce Sharply towards 10759-10829 Very Soon

| February 15, 2018

Nifty opened higher at 10537, registered low 10518 and bounced sharply to register day’s high 10618 but failed to sustain at higher levels and declined back to register day’s low 10511 and finally closed 44 points up at 10545. Yesterday, personality of the bounce from low was not suggesting any bigger reversal for new high […]

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Elliott Wave Analysis Updates of Nifty for 05 Feb 2018 Onward

Elliott Wave Analysis Updates of Nifty for 05 Feb 2018 Onward

| February 5, 2018

Nifty opened huge gap down at 10938, registered day’s high 10954 but declined further and traded with huge negativity for rest of the day. Nifty decline more than 280 points to register day’s low 10736 and closed 256 points down at 10760. Friday, overall outlook I mentioned was bullish with 10878-10736 as good support on […]

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