Tag: Short term target of Nifty

Elliott Wave Analysis Report of Nifty for 23 May 2019

Elliott Wave Analysis Report of Nifty for 23 May 2019

| May 22, 2019

Nifty opened bit higher at 11728, declined to register day’s low 11682 but bounced back by more than 100 points to register day’s high 11784 and closed 28 points up at 11737. Yesterday, overall pattern was indicating bounce towards 12252 with 11706-11598 as support but I advised to concentrate on internal wave patterns for trading. […]

Continue Reading

Nifty Support, Resistance and Targets for 22 May 2019

Nifty Support, Resistance and Targets for 22 May 2019

| May 21, 2019

Nifty opened higher at 11863, bounced further to register high 11883 but failed to sustain at higher levels and declined back by 200 points to register day’s low 11682 and closed 119 points down at 11709. Yesterday, overall pattern was indicating bounce towards 12252 with 11677-11574 as support but I advised to concentrate on internal […]

Continue Reading

Nifty Outlook Bases on EW Analysis for 21 May 2019

Nifty Outlook Bases on EW Analysis for 21 May 2019

| May 21, 2019

Nifty opened more than 240 points up at 11651, decline to register low 11591 but bounced back again by 250 points to register day’s high 11845 and closed 421 points up at 11828. Yesterday, Overall outlook of Nifty was not clear and we just had 11357-11315 as support and 11315 as downside trend reversal point. […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 20 May 2019

Elliott Wave Analysis Report of Nifty for 20 May 2019

| May 19, 2019

Nifty opened almost flat at 11261, registered low 11259 and bounce by more than 160 points to register day’s high 11426 and closed 150 points up at 11407. Yesterday, Overall Nifty was in negative zone with 11323-11368 as major resistance and 11368 as major upside breakeven point. One more decline for low below 11108 was […]

Continue Reading

Nifty Can Decline Below 11100 Without Breaking Higher Above 11368

Nifty Can Decline Below 11100 Without Breaking Higher Above 11368

| May 17, 2019

Nifty opened higher at 11180, declined to register day’s low 11143 but bounce back by more than 130 points to register day’s high 11281 and finally closed 100 points up at 11257. Yesterday, Overall Nifty was in negative zone with 11269-11368 as major resistance and 11368 as major upside breakeven point. 11170-11190 was immediate resistance […]

Continue Reading

Nifty Outlook and Trading Strategy for 16 May 2019

Nifty Outlook and Trading Strategy for 16 May 2019

| May 16, 2019

Nifty opened higher at 11271, registered high 11286 but failed to sustain at higher levels and declined back by about 150 points to register day’s low 11137 and closed 65 points down at 11157. Friday, Nifty was in negative zone with 11269-11368 as major resistance and 11368 as major upside breakeven point. One more decline […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 15 May 2019

Elliott Wave Analysis Report of Nifty for 15 May 2019

| May 15, 2019 | 0 Comments

Nifty opened almost flat at 11151, registered low 11108 but bounced back by more than 180 points to register day’s high 11294 followed by sharp decline of 110 points again and finally closed 73 points up at 11222. Friday, Nifty was in negative zone with 11283-11381 as major resistance and 11381 as major upside breakeven […]

Continue Reading

Nifty Analysis and Trading Strategy for 14 May 2019

Nifty Analysis and Trading Strategy for 14 May 2019

| May 13, 2019 | 1 Comment

Nifty opened bit lower at 11258, bounced to register day’s high 11300 but failed to sustain at higher levels and decline by 175 points from day’s high to register day’s low 11125 and closed 130 points down at 11148. Friday, Nifty was in negative zone with 11349-11485 as immediate resistance and 11485 as immediate upside […]

Continue Reading

Elliott Wave Analysis Report of Nifty for 13 May 2019

Elliott Wave Analysis Report of Nifty for 13 May 2019

| May 12, 2019 | 0 Comments

Nifty opened bit higher at 11314 and traded in 11270-11347 range for most of the day followed by decline of about 90 point from 11345-11251 in last 45 minutes and closed 22 points down at 11278. Friday, Nifty was in negative zone with 11383-11485 as immediate resistance and 11485 as immediate upside breakeven point and […]

Continue Reading

Nifty is Warning Cautions for Decline Towards 10585-10004

Nifty is Warning Cautions for Decline Towards 10585-10004

| May 10, 2019 | 0 Comments

Nifty opened lower at 11322 and traded between 11357-11255 range with repeated up-down swing. Finally, Nifty closed 57 points down at 11301. Yesterday, Nifty was in negative zone with 11453-11519 as immediate resistance and 11519 as immediate upside breakeven point and one more decline of 170-250 points was possible. Any upside reversal was possible after […]

Continue Reading