Tag: nifty support and resistance

Elliott Wave Analysis Report of Nifty for 11 Dec 2014

Elliott Wave Analysis Report of Nifty for 11 Dec 2014

| December 11, 2014 | 0 Comments

Nifty opened Gap down today at 8317 but bounced just after opening and 8317 was just flash low. Nifty traded with positive bias after opening with range bound volatility and closed at 8355 after giving high of 8376. Let’s see what charts are suggesting. This is 5 minutes time bar chart of Nifty covering move […]

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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 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 18 Nov 2014

Elliott Wave Analysis Report of Nifty for 18 Nov 2014

| November 17, 2014 | 5 Comments

Nifty opened mild negative today and declined slowly in first two hour of trade. Nifty declined gradually till 8350 and turned most of the technical indicators, analysts and traders negative but bounced sharply in last 90 minutes of trade to hit stop losses and scare sellers. Nifty broke new high that I was expecting from […]

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Elliott Wave Analysis Report of Nifty for 14 Nov 2014

Elliott Wave Analysis Report of Nifty for 14 Nov 2014

| November 13, 2014 | 11 Comments

Nifty opened Gap up today and decline for rest of the day with slow rises and sharp falls followed by sharp rise at the end. I represented expected move of Nifty on chart of my Yesterday’s analysis report “Nifty Chart is Suggesting New High Again – EW Analysis for 13 Nov 2014” and Nifty followed […]

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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 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 22 Oct 2014

| October 21, 2014 | 1 Comment

Today’s analysis report is bit interesting for learning purpose. It is about how to act and analyze with probabilities when you are confused with pattern and not fully confident with counts. I am analyzing Nifty from recent low of 7724 which is end of wave 4 and start of wave 5 of expected Ending Diagonal […]

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