Tag: Short term target of Nifty

Nifty Can Bounce Towards 8672-8765 Without Breaking Below 8519 on Budget Day

Nifty Can Bounce Towards 8672-8765 Without Breaking Below 8519 on Budget Day

| January 31, 2017

Nifty opened flat today at 8629 but declined sharply just after opening and traded with negative bias for rest of the day. Nifty declined almost 80 points before closing 71 points down at 8561 after registering the low of 8552. In yesterday’s report, expected decline towards 8595-8549 to complete the correction. Overall scenario was “Buying […]

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Elliott Wave Counts of Nifty on All Time Frames  – Long Term Outlook

Elliott Wave Counts of Nifty on All Time Frames – Long Term Outlook

| January 30, 2017

This Elliott Wave analysis report of Nifty is specially prepared covering wave counts on all time frames with medium/long term outlook of Nifty and some important points useful for Elliott Wave Theory learners. Elliott Wave Theory is a never ending wave’s cycle starts from the birth/beginning of any financial script. Nifty born in 1995 and […]

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Elliott Wave Analysis and Outlook of Nifty for 25 Jan 2017 Expiry Day

Elliott Wave Analysis and Outlook of Nifty for 25 Jan 2017 Expiry Day

| January 24, 2017

Nifty opened mild gap up at 8407 and traded with strength for rest of the day. Nifty bounced more than 80 points to register day’s high 8480 before closing 84 points up at 8475. I expected minimum 182-295 points bounce from 8326-8244 odd range in my earlier report and Nifty already bounced more than 150 […]

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Elliott Wave Outlook of Nifty for Jan 2017 Expiry Week

Elliott Wave Outlook of Nifty for Jan 2017 Expiry Week

| January 22, 2017

Nifty opened mild gap down at 8404 and bounced to register day’s high 8423 but failed to sustain at higher levels and declined sharply by more than 80 points to register day’s low 8340 before closing 85 points down at 8349. Nifty broke 8344-8461 range after 5 sessions. Friday, 8344 was the point below which […]

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Elliott Wave Analysis and Outlook of Nifty for 19 Jan 2017

Elliott Wave Analysis and Outlook of Nifty for 19 Jan 2017

| January 18, 2017

Nifty opened flat at 8403 and bounced sharply to register day’s high 8460 but failed to sustain at higher levels and declined back by more than 60 points to register day’s low 8397 before closing 19 points up at 8417. Yesterday, same 8344 was the point below which we can think of any reversal and […]

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Fresh Elliott Wave Counts and Outlook of Nifty for 16 Jan 2017

Fresh Elliott Wave Counts and Outlook of Nifty for 16 Jan 2017

| January 15, 2017

Nifty opened gap up on Friday at 8457 but failed to sustain at higher levels and declined sharply after opening. Nifty declined more than 80 points from day’s high 8461 to register day’s low 8373 before closing 6 points down at 8400. Friday, 8344 was breakeven points and minimum 8454-8499 range was expected on upside. […]

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Elliott Wave Analysis and Outlook of Nifty for 13 Jan 2017

Elliott Wave Analysis and Outlook of Nifty for 13 Jan 2017

| January 12, 2017

Nifty opened mild gap up at 8391 and bounced further to register day’s high 8417 but traded in very narrow range of 30 points between 8390-8415 for rest of the day. Finally Nifty closed 26 points up at 8407 after registering the low of 8382. Yesterday, 8327 was the breakeven point and a small or […]

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Elliott Wave Outlook of Nifty for 11 Jan 2017 Onward

Elliott Wave Outlook of Nifty for 11 Jan 2017 Onward

| January 10, 2017

Nifty opened gap up at 8262 but again traded in very narrow range of 30 points for whole day. Nifty closed 52 points up at 8288 after registering day’s low 8262 and high 8293, overall it was a dull session after gap up opening. Yesterday, again 8219 was the breakeven point and buying on dips […]

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Elliott Wave Outlook of Nifty After Break Above 8274 – Example of Leading Diagonal

Elliott Wave Outlook of Nifty After Break Above 8274 – Example of Leading Diagonal

| January 6, 2017

Nifty opened gap up at 8226 and traded with strength for rest of the day, Nifty bounced gradually to register day’s high 8282 before closing 83 points up at 8273. Nifty also achieved long awaited 8274 sharply with speed which I expected in previous medium term report of 27 Dec 2016. Yesterday, I expected either […]

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Elliott Wave Analysis Report of Nifty for 21 Dec 2016

Elliott Wave Analysis Report of Nifty for 21 Dec 2016

| December 20, 2016

Nifty opened flat at 8110 and bounced to register day’s high 8124 but failed to sustain at higher levels and trade with negative bias for rest of the day. Nifty declined by 60 points from day’s high to register day’s low 8062 before closing 21 points down at 8082. Yesterday, stoploss for existing/fresh shorts was […]

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