Tag: Analysis of Nifty

Nifty can Bounce Sharply above 9377 for New High Again

Nifty can Bounce Sharply above 9377 for New High Again

| May 7, 2017

Nifty opened higher at 9374 and registered all time high 9377 but failed to stay at higher levels and declined sharply just after opening and traded with negative bias for rest of the day. Nifty declined to register day’s low 9272 before closing 74 points down at 9282. Yesterday, 9323 was fresh stoploss for longs […]

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Elliott Wave Analysis of Nifty for Long Term – Bigger Picture for Coming Years

Elliott Wave Analysis of Nifty for Long Term – Bigger Picture for Coming Years

| January 30, 2017

I have marked wave counts on monthly chart of Nifty showing 02 different possibilities as explained on chart given below: But many of my students and learners fails to understand the future outcome of those wave counts mainly because they failed to understand the basic Elliott Wave Cycle explained in First Chapter of my book. Many have […]

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Fresh Elliott Wave Counts and Outlook of Nifty for 16 Jan 2017

Fresh Elliott Wave Counts and Outlook of Nifty for 16 Jan 2017

| January 15, 2017

Nifty opened gap up on Friday at 8457 but failed to sustain at higher levels and declined sharply after opening. Nifty declined more than 80 points from day’s high 8461 to register day’s low 8373 before closing 6 points down at 8400. Friday, 8344 was breakeven points and minimum 8454-8499 range was expected on upside. […]

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Elliott Wave Analysis and Outlook of Nifty for 13 Jan 2017

Elliott Wave Analysis and Outlook of Nifty for 13 Jan 2017

| January 12, 2017

Nifty opened mild gap up at 8391 and bounced further to register day’s high 8417 but traded in very narrow range of 30 points between 8390-8415 for rest of the day. Finally Nifty closed 26 points up at 8407 after registering the low of 8382. Yesterday, 8327 was the breakeven point and a small or […]

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Further Elliott Wave Updates of Nifty after Break Below 7916

Further Elliott Wave Updates of Nifty after Break Below 7916

| December 27, 2016

Nifty opened mild gap down at 7965 but declined sharply just after opening and traded with negative bias for rest of the day. Nifty declined more than 80 points before closing 77 points down at 7908. Yesterday, one more decline towards 7942-7932 was expected and then suggested to buy Nifty in 7942-7932 range using exact […]

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Elliott Wave Analysis Report of Nifty for Dec 2016 Expiry Week

Elliott Wave Analysis Report of Nifty for Dec 2016 Expiry Week

| December 25, 2016

Nifty opened flat at 7972 and declined further to register day’s low 7942 but bounced sharply from lower by 80 points to register day’s high 8022 before closing 6 points up at 7985. Yesterday, trading strategy was to buy Nifty if “traders above opening price and breaks 8019” or “if achieve 7937 following by trade […]

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Is Nifty Heading for New High or New Low – Elliott Wave Analysis

Is Nifty Heading for New High or New Low – Elliott Wave Analysis

| October 24, 2015

“Is Nifty heading for new high or new low” or “ what is the whole corrective pattern going on from 9117” are the queries I am getting from subscribers as well as students. Though I tried to explain it in my last weekly analysis report published on 19 Oct 2015 but I think I failed […]

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Elliott Wave Analysis Report of Nifty for 14 Aug 2015

Elliott Wave Analysis Report of Nifty for 14 Aug 2015

| August 13, 2015

Nifty opened Gap Up today and bounced till 8428 within a fraction of opening and traded with volatility in negative bias for rest of the day before closing just 6 points up at 8355 after registering low of 8341. Nifty also gave 3-4 sharp swings of about 50 points both sides. We were expecting a […]

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Long Term and Short Term Elliott Wave Analysis of Nifty as on 10 Aug 2015

Long Term and Short Term Elliott Wave Analysis of Nifty as on 10 Aug 2015

| August 10, 2015

Nifty opened mild Gap Up today at 8577 and bounced sharply till 8621 in first hour of trade. Nifty consolidated in 8620-8600 range for more than couple of hours followed by a sharp downward jerk of 100 points in just 10 minutes before closing 39 points down at 8525 after registering day’s low of 8497. […]

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Nifty Elliott Wave Analysis and Updates for 29 July 2015

Nifty Elliott Wave Analysis and Updates for 29 July 2015

| July 28, 2015

Nifty opened mild gap up today at 8371 and traded with volatility in negative bias. Nifty bounced till 8397 in morning session but started declining and registered day’s low of 8321 before closing 24 points down at 8337. Today I am showing the counts of decline from 8655 only as previous counts are same as […]

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