Tag: Nifty Levels for Tomorrow

Elliott Wave Analysis Updates of Nifty for 06 June 2016

Elliott Wave Analysis Updates of Nifty for 06 June 2016

| June 5, 2016

Nifty opened gap up on Friday at 8246 and further bounced till 8262 but failed to sustain at higher levels and started falling gradually for rest of the day to register day’s low 8210 before closing just 1 point up at 8220. For Friday, I suggested to keep initial stoploss for longs at 8197 and […]

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Elliott Wave Analysis Report of Nifty for 30 May 2016

Elliott Wave Analysis Report of Nifty for 30 May 2016

| May 29, 2016

Nifty again opened gap up on Friday at 8081 and traded with huge strength for rest of the day. Nifty bounced more than 90 points from previous close to register day’s high 8164 before closing 87 points up at 8156. Friday I expected Nifty to bounce till 8114 and some decline after achieving 8114. Suggested […]

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Elliott Wave Updates of Nifty for 08 April 2016

Elliott Wave Updates of Nifty for 08 April 2016

| April 8, 2016

This analysis report of Nifty for 08 April 2016 I am publishing as updates on my previous report Nifty Can Bounce Above 7777 Once Again Before Further Decline as pattern I had explained is negated after a touch of 7585. Nifty opened gap up today at 7630 but declined sharply just after opening and traded with negative […]

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Nifty Can Bounce Above 7777 Once Again  Before Further Decline

Nifty Can Bounce Above 7777 Once Again Before Further Decline

| April 5, 2016

Please read whole Elliott Wave Analysis Report of Nifty till end. Don’t read just the title but read all the conditions and probabilities explained below. Nifty opened gap down today at 7736 and traded with weakness for rest of the day. Nifty declined about 170 points from previous close with huge volatility to register day’s […]

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Nifty is Preparing for a Good Decline in Coming Days – Elliott Wave Analysis

Nifty is Preparing for a Good Decline in Coming Days – Elliott Wave Analysis

| March 30, 2016

Nifty opened gap up at 7651 and traded with huge strength for rest of the day. Nifty bounced gradually till 7741 without even a single correction in between and closed huge 138 points up at 7735. Yesterday I explained 02 conditions. Either Nifty can bounce from 7582-7548 levels or Nifty can bounce above 7652 even […]

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Elliott Wave Analysis Report of Nifty for 22 March 2016

Elliott Wave Analysis Report of Nifty for 22 March 2016

| March 21, 2016

Nifty opened gap up at 7619 and traded strength for rest of the day with volatility. First Nifty broke above 7659 followed by a correction till 7628 but bounced again above 7700 to register day’s high 7713 before closing 99 points up at 7704. Yesterday I mentioned that 7622-7659 is a crucial range and explained […]

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Elliott Wave Outlook of Nifty for Budget Day 29 Feb 2016 Onwards

Elliott Wave Outlook of Nifty for Budget Day 29 Feb 2016 Onwards

| February 28, 2016

Nifty opened huge gap up at 7039 and bounced till 7052 but failed to sustain at higher levels and declined to register day’s low 6985. Nifty bounced from lower levels again till 7050 before closing 59 points up at 7029. Overall, it was a Volatile Day with Up-Down-Up swings. Yesterday, I expected a small bounce […]

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Nifty Indicating Cautions for Decline Below 6869 Again – EW Analysis for 22 Feb Onwards

Nifty Indicating Cautions for Decline Below 6869 Again – EW Analysis for 22 Feb Onwards

| February 21, 2016

Nifty opened mild gap down on Friday at 7170 and declined till 7145 but bounced again from lower levels to register day’s high of 7226 before closing 19 points up at 7210. Friday I mentioned that Nifty is in the middle of a wave. Either we can sell in 7284-7291 range or we can buy […]

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Nifty can be Bought In 7409-7393 Range for Sudden Bounce above 7487 – EW Analysis for 29 Jan 2016

Nifty can be Bought In 7409-7393 Range for Sudden Bounce above 7487 – EW Analysis for 29 Jan 2016

| January 28, 2016

Nifty opened gap down at 7426 and declined sharply till 7409 but bounced sharply from lower levels to rise gradually till 7468. But Nifty crashed again from 7468 to 7417 just before closing 13 points down at 7424. Overall it was a typical volatile day on Expiry. Yesterday I mentioned that “Nifty to bounce till […]

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Elliott Wave Outlook of Nifty for Dec 2015 Expiry Week

Elliott Wave Outlook of Nifty for Dec 2015 Expiry Week

| December 28, 2015

Nifty opened gap up at 7888 but declined sharply just after opening and consolidated with negative bias for rest of the day. Finally Nifty closed just 4 points down at 7861 after giving low of 7835. In my last report, I expected weakness at higher levels and suggested “If Nifty trades below opening price continuously […]

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