Tag: Analysis of Nifty

Elliott Wave Analysis Report of Nifty for 18 Nov 2014

Elliott Wave Analysis Report of Nifty for 18 Nov 2014

| November 17, 2014 | 5 Comments

Nifty opened mild negative today and declined slowly in first two hour of trade. Nifty declined gradually till 8350 and turned most of the technical indicators, analysts and traders negative but bounced sharply in last 90 minutes of trade to hit stop losses and scare sellers. Nifty broke new high that I was expecting from […]

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Nifty Chart is Suggesting New High Again  – EW Analysis for 13 Nov 2014

Nifty Chart is Suggesting New High Again – EW Analysis for 13 Nov 2014

| November 12, 2014 | 12 Comments

Nifty hits new high again and also given highest closing today. Today Nifty closed at previous all time high. I expected Nifty to touch at least 8393-8413 without breaking below 8322 in my yesterday’s report Elliott Wave analysis of Nifty for 12 Nov 2014 and Nifty moved as per expectations today. Let us see what […]

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Elliott Wave analysis of Nifty for 12 Nov 2014

Elliott Wave analysis of Nifty for 12 Nov 2014

| November 11, 2014 | 13 Comments

Nifty is still holding tight and consolidating at top as I mentioned yesterday. Any script should not hold for so long after completion of highly extended 5th wave. And if it was not 5th then only option is wave 3 and if it is wave 3 then a 5th must be upside. Range bound consolidation […]

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Nifty Chart is Suggesting Some Upside –  EW Analysis for 11 Nov 2014

Nifty Chart is Suggesting Some Upside – EW Analysis for 11 Nov 2014

| November 10, 2014 | 6 Comments

I expected a correction from 8359-8418 of minimum 70-120 points and maximum till 8000 and also suggested that Nifty can be sold with 8393 spot as stoploss in my previous report.  Yesterday I mentioned that I will exit remaining shorts if Nifty breaks high again. Nifty broken the high and declined sharply but current set […]

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Elliott Wave Analysis Report of Nifty for 10 Nov 2014

Elliott Wave Analysis Report of Nifty for 10 Nov 2014

| November 9, 2014 | 2 Comments

If you are reading my analysis report first time then I will advise you to refer my previous reports (given below) to understand Elliott wave analysis report for 10 Nov 2014 better. Elliott Wave Analysis of Nifty for All time Frames Dated 18 Oct 2014 Nifty May Start Correction From 8359-8418 Range – Elliott Wave […]

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Nifty can be Sold with 8393 Spot as Stoploss  – Elliott Analysis dated 06 Nov 2014

Nifty can be Sold with 8393 Spot as Stoploss – Elliott Analysis dated 06 Nov 2014

| November 6, 2014 | 3 Comments

After sharp rise of 600 points in 10 sessions Nifty is consolidating in 80 points range from last 3 sessions with volatility. Nifty is showing new high everyday but with overlapping of waves which warns that a correction is near. In 03 Nov 2014 analysis report I expected that “Nifty May Start Correction From 8359-8418 […]

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Nifty Elliott Wave Analysis Report for Expiry October 2014 by Deepak Kumar

| October 29, 2014 | 0 Comments

Nifty is rising sharply after touching the low of 7724 and after given breakout from upper line of complex correction as I expected in my previous reports. I also expected 23% to 38% correction of this whole move from 7724 followed by 38% to 61% bounce, and Nifty declined exactly 23% from top and bounced […]

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Elliott Wave Analysis Report of Nifty for 27 Oct 2014

Elliott Wave Analysis Report of Nifty for 27 Oct 2014

| October 27, 2014 | 1 Comment

Nifty is rising continuously with Gaps after touching the low of 7724 and bounced almost 300 points from low in 4 sessions.  I calculated rough targets of 8042 in previous report when was at 7927 and Nifty given high of 8031 till now for last impulsive. This report is going to explore further possibilities. So, […]

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Elliott Wave Analysis Report of Nifty for 22 Oct 2014

| October 21, 2014 | 1 Comment

Today’s analysis report is bit interesting for learning purpose. It is about how to act and analyze with probabilities when you are confused with pattern and not fully confident with counts. I am analyzing Nifty from recent low of 7724 which is end of wave 4 and start of wave 5 of expected Ending Diagonal […]

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Nifty Elliott Wave Analysis Report for 07 Oct 2014

Nifty Elliott Wave Analysis Report for 07 Oct 2014

| October 6, 2014

Nifty was range bound on 01 Oct 2014 and there was less participation from traders because of 5 holidays ahead. Nifty moved in 30 points range for whole day and finally close marginally negative at 7945. In my previous report I expected Nifty to consolidate in range for some time and Nifty consolidated for whole […]

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