Tag: Examples of Ending Diagonal Triangle

Fresh Elliott Wave Outlook of Nifty for 08 Oct 2018 Onward

Fresh Elliott Wave Outlook of Nifty for 08 Oct 2018 Onward

| October 7, 2018

Nifty opened lower at 10514, registered high 10540 but failed to sustain at those levels and traded with huge negativity for rest of the day. Nifty declined more than 330 points to register day’s low 10261 and closed 282 points down at 10316. Friday, Nifty was in negative zone with 10730 as immediate resistance. Bounce […]

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Nifty can Give Small or Big Bounce After Achieving 10806-10780

Nifty can Give Small or Big Bounce After Achieving 10806-10780

| October 3, 2018

Nifty opened lower at 10982 and traded with negative bias and huge volatility. Nifty decline by more than 150 points to register day’s low 10843 and closed 150 points down at 10858 after wild up-down swings. Yesterday, Nifty was expected to decline towards 10821-10784 from 11035-11145 range in coming sessions. Further bounce of minimum 160-250 […]

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Fresh Elliott Wave Charts of Nifty for 03 Oct 2018

Fresh Elliott Wave Charts of Nifty for 03 Oct 2018

| October 2, 2018

Nifty opened flat at 10930 and declined sharply after opening to register day’s low 10821 but bounced back again by more than 200 points from day’s low to register day’s high 11035 and closed 77 points up at 11008. Yesterday, 10836-10763 was mild support, 10994-11088 was immediate resistance and 10940 was breakeven point. Nifty was […]

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Nifty can Bounce by 300-400 Points from 10141-10083 Range

Nifty can Bounce by 300-400 Points from 10141-10083 Range

| March 19, 2018

Nifty opened lower at 10345, decline sharply just after opening and traded with huge negativity for rest of the day. Nifty declined by about 180 points to register day’s low 10180 and closed 165 points down at 10195. Yesterday, I expected an Ending Diagonal Triangle in progress and a decline below 10141 was expected without […]

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Ending Diagonal Triangle (ED) Pattern of Elliott Wave Theory Explained by Deepak Kumar

Ending Diagonal Triangle (ED) Pattern of Elliott Wave Theory Explained by Deepak Kumar

| June 12, 2016

Ending Diagonal Triangle also called as ED in short is one of the complex patterns of Elliott Wave Theory which is the part of main proceeding trend. Many analysts and learners find it difficult to identify this pattern accurately because of ignorance or lack of knowledge about the rules and its inner wave calculations. So […]

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Example of Ending Diagonal Triangle Pattern on Nifty Chart

Example of Ending Diagonal Triangle Pattern on Nifty Chart

| June 10, 2016

This analysis is part of my “Elliott Wave Analysis Report of Nifty for 10 Jun 2016” which I prepared yesterday and sent yesterday to my student/subscriber and I am posting here for my students/learners for their future reference as there is good example of “Ending Diagonal Triangle (ED)” in this report. This analysis report is not complete and […]

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Nifty can be Sold in 7970-8021 Range for Minimum Target 7541

Nifty can be Sold in 7970-8021 Range for Minimum Target 7541

| September 30, 2015

Nifty opened huge gap up today at 7924 and declined till 7874 followed by range bound consolidation between 7880-7920. Finally, Nifty gave breakout above 7924 and bounced till 7957 before closing 105 points up at 7948. Nifty bounced till 7926 yesterday and declined 100 points from there and I thought wave (2) may be completed […]

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Elliott Wave Outlook of Nifty for 30 Sep 2015 Onwards

Elliott Wave Outlook of Nifty for 30 Sep 2015 Onwards

| September 29, 2015

Nifty opened Gap down today at 7725 followed by a decline till 7691 but bounced sharply at 11 AM after RBI announced 0.5% rate cut and rise gradually to hit day’s high of 7926. But Nifty failed to sustain at higher levels and declined 100 points from high before closing 47 points up at 7843. […]

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