Tag: Analysis of Nifty

Elliott Wave Analysis Report of Nifty for 08 Jan 2015

Elliott Wave Analysis Report of Nifty for 08 Jan 2015

| January 7, 2015 | 3 Comments

Nifty opened flat today but traded with wild range bound volatility of 90 points whole day. After opening at 8118 Nifty first bounced till 8150 followed by decline till 8065 followed by bounce till 8138 and again declined till 8087 and finally closed 25 points down at 8102. We need to see what charts are […]

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Nifty can show 8626 again without breaking below 8080 – EW analysis on 18 Dec 2018

Nifty can show 8626 again without breaking below 8080 – EW analysis on 18 Dec 2018

| December 18, 2014 | 14 Comments

Nifty opened 90 points gap up today and continued its strength after a small decline and also increased the possibilities of move towards new high in near term. Nifty closed 130 points up from previous close. Let see what charts are suggesting. This is daily time bar chart of Nifty covering move after June 2014 […]

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Elliott Wave Analysis Report of Nifty for 12 Dec 2014

Elliott Wave Analysis Report of Nifty for 12 Dec 2014

| December 12, 2014 | 2 Comments

Nifty opened Gap down today and declined sharply till mid-session to touch the low of 8273 as I expected in yesterday’s report. After giving low of 8273 Nifty bounced 74 points to touch the high of 8347 followed by a sharp decline again in end session and finally closed 63 points down at 8292. Overall […]

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Elliott Wave Analysis Report of Nifty for 11 Dec 2014

Elliott Wave Analysis Report of Nifty for 11 Dec 2014

| December 11, 2014 | 0 Comments

Nifty opened Gap down today at 8317 but bounced just after opening and 8317 was just flash low. Nifty traded with positive bias after opening with range bound volatility and closed at 8355 after giving high of 8376. Let’s see what charts are suggesting. This is 5 minutes time bar chart of Nifty covering move […]

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Elliott Wave Analysis of Nifty for 05 Dec 2014

Elliott Wave Analysis of Nifty for 05 Dec 2014

| December 5, 2014 | 1 Comment

Nifty opened huge gap up today and again registered new all-time high just after opening but couldn’t sustained and declined back to 8526 again within next 60-90 minutes. Nifty rose gradually till 8575 after hitting low of 8526 and finally closed at 8564. I was in wait and watch more from last 3 sessions as […]

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Elliott Wave Analysis Report of Nifty for 01 Dec 2014

Elliott Wave Analysis Report of Nifty for 01 Dec 2014

| November 30, 2014 | 3 Comments

Nifty opened huge gap up on Friday and traded with strength whole day. Nifty opened about 70 points Gap up on Friday and didn’t traded below the opening price again. Though the gap-up and sudden bounce surprised many but I was already expecting it. Let’s see charts to see further progress. This is hourly time […]

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Elliott Wave Analysis Report of Nifty for 27 Nov 2014

Elliott Wave Analysis Report of Nifty for 27 Nov 2014

| November 26, 2014 | 4 Comments

Nifty opened mild gap down today and traded in 20 points range till mid-session but bounced sharply to 8500 in last session followed by a sharp decline till 8458 again. After giving low of 8439 and high of 8500 Nifty closed mild green at 8475. Now we need to see the charts for further road […]

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Nifty can show 8631-8804 without breaking below 8351 – EW Analysis on 25 Nov 2014

Nifty can show 8631-8804 without breaking below 8351 – EW Analysis on 25 Nov 2014

| November 26, 2014 | 2 Comments

Nifty opened flat today but declined sharply just after opening and traded with negative bias whole day. Nifty declined more than 100 points from high but bounced 40 points from low of 8429 in end session and finally closed at 8463. We need to see the chart for next probabilities and let’s start with bigger […]

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Nifty can Show 8631-8804 before any Big Correction – EW Analysis on 23 Nov 2014

Nifty can Show 8631-8804 before any Big Correction – EW Analysis on 23 Nov 2014

| November 24, 2014 | 0 Comments

Nifty broken the range of 8350-8450 on upside formed by Ending Diagonal followed by complex correction in last 12 sessions. Nifty bounced more than 700 points from 7724 without any reasonable correction in between. Maximum correction is just 100 points within this whole rally from 7724 to 8489. Now, let me explore further possibilities on […]

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Elliott Wave Analysis Report of Nifty for 21 Nov 2014

Elliott Wave Analysis Report of Nifty for 21 Nov 2014

| November 20, 2014 | 5 Comments

Nifty is moving in 8300-8450 range from last 10-12 sessions after sharp rise of 600 plus points. Previously Nifty was range bound because of Ending Diagonal and now declining in Complex Correction pattern.  Next probabilities on charts: This is 15 minutes time bar chart of Nifty covering move after 8290. Nifty was moving in Ending […]

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