Tag: NIFTY Chart Analysis

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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Nifty Warning Correction from 8415-8446 Range – EW Analysis Report

Nifty Warning Correction from 8415-8446 Range – EW Analysis Report

| November 16, 2014 | 7 Comments

Nifty open flat on Friday and traded whole day with positive bias but with some sudden downward jerks in between and achieved my minimum expected levels of 8398. Nifty is going exactly as per my expectations from last 4-5 sessions and progressing in Ending Diagonal Pattern which is just about to complete in very next […]

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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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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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