Tag: Nifty Elliott Wave Analysis for June 2015

Nifty Updates and Elliott Wave Analysis for 24 Jun 2015

Nifty Updates and Elliott Wave Analysis for 24 Jun 2015

| June 24, 2015

Nifty opened Gap up and gave a down jerk of 50 points just after opening to touch the low of 8334 but recovered immediately to touch day’s high of 8398 followed by range bound consolidation with 8350-8390 range for rest of the day. It is 8th session Nifty closed green after low of 7940. Let’s […]

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Elliott Wave Outlook and Nifty Levels for June 2015 Expiry Week

Elliott Wave Outlook and Nifty Levels for June 2015 Expiry Week

| June 21, 2015

Nifty reversed from 7958-7900 range as we expected in Elliott Wave Analysis Report of Nifty for 12 June 2015 and bounced more than 300 points till now.  As Nifty is around 8250, we need to look at medium term charts to explore further scenario. So, today I am covering medium term and short term chart […]

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Nifty Outlook And Elliott Wave Analysis for 19 Jun 2015

Nifty Outlook And Elliott Wave Analysis for 19 Jun 2015

| June 18, 2015

Nifty opened Gap up today and bounced sharply after opening without filling gap. Nifty bounced above yesterday’s high 8136 within first 15 minutes and traded with strength whole day. Wave (iv) which I explained in my yesterday’s Elliott Wave Analysis report of Nifty was highly Irregular so it completed well short my expected 23% retracement. […]

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Elliott Wave Analysis and Nifty Levels for 18 June 2015

Elliott Wave Analysis and Nifty Levels for 18 June 2015

| June 17, 2015

Nifty opened huge gap up today at 8084 but didn’t sustain at higher levels and decline sharply till 8048 in first hour of trade. Nifty started recovering again to touch day’s high of 8136 till EOD followed by sharp decline before closing 44 points up at 8091. Nifty achieved the levels near 8149 without breaking […]

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Elliott Wave Analysis Report of Nifty for 12 June 2015

Elliott Wave Analysis Report of Nifty for 12 June 2015

| June 11, 2015

Nifty opened Gap up, bounced till 8163 but traded with negative bias for rest of the day as expected in yesterday’s analysis report of Nifty and declined more than 200 points from day’s high. Nifty also broke previous low of 7997 and closed 159 points negative at 7965. Let’s analyze latest chart for further scenario. […]

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Elliott Wave Analysis Report of Nifty for 04 June 2015

Elliott Wave Analysis Report of Nifty for 04 June 2015

| June 4, 2015

Nifty opened flat today but declined sharply just after opening and traded with negative bias for rest of the day to fall almost 140 points from previous closing. Nifty recovered almost 60 points from low 8095 to 8161 but still closed 101 points down at 8135. Nifty also broke 8125 which I expected as maximum […]

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Nifty Expected Levels and Move after RBI Policy on 02 June 2015

Nifty Expected Levels and Move after RBI Policy on 02 June 2015

| May 31, 2015

Nifty opened flat on Friday but bounced sharply after a mild decline and traded with strength whole day to touch the 8444. Nifty reacted as per my 2nd possibility which I mentioned in my Friday’s report “If the bounce from low 8270 which is shown as waves ‘abc’ on 2nd chart is actually 1, 2 […]

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