Tag: Elliott Wave analysis of Nifty

Elliott Wave Analysis and Outlook of Nifty for 19 Jan 2017

Elliott Wave Analysis and Outlook of Nifty for 19 Jan 2017

| January 18, 2017

Nifty opened flat at 8403 and bounced sharply to register day’s high 8460 but failed to sustain at higher levels and declined back by more than 60 points to register day’s low 8397 before closing 19 points up at 8417. Yesterday, same 8344 was the point below which we can think of any reversal and […]

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Elliott Wave Outlook of Nifty for 11 Jan 2017 Onward

Elliott Wave Outlook of Nifty for 11 Jan 2017 Onward

| January 10, 2017

Nifty opened gap up at 8262 but again traded in very narrow range of 30 points for whole day. Nifty closed 52 points up at 8288 after registering day’s low 8262 and high 8293, overall it was a dull session after gap up opening. Yesterday, again 8219 was the breakeven point and buying on dips […]

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Probable Elliott Wave Counts of Nifty from 29 Feb 2016 Low 6825

Probable Elliott Wave Counts of Nifty from 29 Feb 2016 Low 6825

| June 5, 2016

Though I had mentioned in my every daily analysis report from last 4-5 days that the wave counts for the move of Nifty from 29 Feb 2016 low 6825 is not completely clear and we need to concentrate only on the last bounce started from 7715 for immediate trades until we see any confident pattern […]

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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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Does Elliott Wave Theory Predicted The Nifty Crash of 24 Aug 2015

Does Elliott Wave Theory Predicted The Nifty Crash of 24 Aug 2015

| September 9, 2015

Does Elliott Wave Theory Predicted the Nifty crash of 24 Aug 2015? This is question asked by many of my blog followers and some EWT learners. So, I am not going to give a philosophical debate for the answer of this question but want to explain something practical. So, let me start. On 27 July […]

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Nifty Elliott Wave Updates and Levels for 13 Aug 2015 Onwards

Nifty Elliott Wave Updates and Levels for 13 Aug 2015 Onwards

| August 12, 2015

Nifty opened Gap down today at 8445 and traded with weakness for rest of the day to decline gradually till 8337 before closing 112 points down at 8349. Nifty also achieved 8380 without breaking above 8480 which we expected yesterday. In some of my previous reports I mentioned repeatedly that conditions are not confident for […]

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Nifty Elliott Wave Analysis Report for 12 Aug 2015

Nifty Elliott Wave Analysis Report for 12 Aug 2015

| August 11, 2015

Nifty opened mild Gap Up today at 8548 but started declining after registering day’s high of 8556 and fell more than 100 points till end of the day before closing 63 points down at 8462. Yesterday I suggested that “Tomorrow, Nifty can be bought only if it trades above tomorrow’s opening price at 9:31 AM […]

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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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Nifty can Decline below 7940 in August Expiry – EW Analysis on 28 July 2015

Nifty can Decline below 7940 in August Expiry – EW Analysis on 28 July 2015

| July 28, 2015

Nifty opened Gap down today and declined sharply almost 170 points from previous close without breaking above today’s opening price. As I was expecting a small or big decline in my yesterday’s analysis report and mentioned that Nifty need to fall sharply today otherwise we can see high above 8655 again (as there was some […]

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