Tag: Elliott Wave analysis of Nifty

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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Elliott Wave Analysis Report of Nifty for 05 Nov 2014

Elliott Wave Analysis Report of Nifty for 05 Nov 2014

| November 4, 2014 | 0 Comments

Nifty opened Gap up on Monday, declined sharply after opening and consolidated in 30 points range whole day. There is no major change in pattern yet. I am showing only move after 7986 and Intraday move of 03 Nov 2014 as medium term pattern and probabilities are same as previous report.  So let me show […]

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Nifty May Start Correction  From 8359-8418 Range – Elliott Wave Analysis  for 03 Nov 2014

Nifty May Start Correction From 8359-8418 Range – Elliott Wave Analysis for 03 Nov 2014

| November 2, 2014 | 10 Comments

Nifty bounced 605 points in last 10 sessions and rising with the average of 60 points per session without any reasonable correction. Only a 23% correction was there in between but Nifty gave another 100% move after that. Now Nifty is at very crucial situation that I am going to explain on chart. Let’s see […]

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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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Nifty can Show 8380 before breaking below 7723

| October 20, 2014

Nifty opened 100 plus points gap up today and also broken upper line of “Complex Correction”  (abc-x-abc-x-abc) progressing in “Contracting Triangle” shown in yesterday’s report ”  Elliott Wave Analysis of Nifty for All time Frames Dated 18 Oct 2014 “.  Let me show it on chart: – This is Daily time bar Chart of Nifty showing […]

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