Tag: Nifty targets for tomorrow

Elliott Wave Analysis Report of Nifty for 23 March 2016 – Importance of Fibonacci Calculations

Elliott Wave Analysis Report of Nifty for 23 March 2016 – Importance of Fibonacci Calculations

| March 22, 2016

Nifty opened mild gap down at 7695 and started declining from 7711. Nifty declined about 70 points from high to register day’s low 7643 but bounced sharply from lower levels to register new day’s high 7728 before closing 10 points up at 7714. Yesterday I expected 7741-7757 on upside in near term and 7623 was […]

Continue Reading

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 […]

Continue Reading

Nifty is Warning Cautions for Good Decline from 7622-7659 Range – EW Analysis for 18 March 2016 Onwards

Nifty is Warning Cautions for Good Decline from 7622-7659 Range – EW Analysis for 18 March 2016 Onwards

| March 17, 2016

Nifty opened gap up at 7557 and bounced till 7585 but failed to sustain at higher levels and declined more than 100 points from high to register day’s low 7479 before closing 13 points up at 7512. Nifty bounced till 7585 but again failed to break 7600-7400 range and closed within 40 points range 7500. […]

Continue Reading

Nifty Can First Bounce above 7583 followed by Good Decline – EW Analysis for 15 March 2016 Onward

Nifty Can First Bounce above 7583 followed by Good Decline – EW Analysis for 15 March 2016 Onward

| March 14, 2016

Please read this Elliott Wave  analysis report of Nifty carefully and completely rather than reading just Title. There are some important conditions explained which needs to understood carefully. Nifty opened gap up today at 7542 and bounced sharply to register day’s high 7583 but failed to sustain at higher levels and declined gradually till 7515. Finally […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 14 March 2016

Elliott Wave Analysis Report of Nifty for 14 March 2016

| March 13, 2016

Nifty opened flat at 7484 and bounced to register day’s high 7544 but failed to sustain at higher levels and declined sharply by 80 points from high to register day’s low 7460. Nifty bounced again from 7460 by 60 points before closing 24 points up at 7510. Overall it was again a volatile days with […]

Continue Reading

Elliott Wave Trading Strategy of Nifty for 09 March 2016 Onwards

Elliott Wave Trading Strategy of Nifty for 09 March 2016 Onwards

| March 8, 2016

Nifty opened flat at 7486 and bounced till 7527 but failed to sustain at higher levels and declined again to register day’s low 7442. Nifty again bounced 50 points from 7442 before closing flat at 7485. Yesterday I suggested stoploss for any longs at 7485 which triggered at opening only and conditions for shorts didn’t […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 12 Feb 2016

Elliott Wave Analysis Report of Nifty for 12 Feb 2016

| February 12, 2016

Nifty have shown a good decline of more than 250 points today and also broke below 7000. After opening flat at 7203 started declining and traded with huge weakness for rest of the day. Nifty declined gradually till 7659 before closing huge 239 points down at 7976. Today’s I am not showing counts but structure […]

Continue Reading

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 […]

Continue Reading