Tag: Short term target of Nifty

Elliott Wave Analysis Updates of Nifty for 05 Feb 2018 Onward

Elliott Wave Analysis Updates of Nifty for 05 Feb 2018 Onward

| February 5, 2018

Nifty opened huge gap down at 10938, registered day’s high 10954 but declined further and traded with huge negativity for rest of the day. Nifty decline more than 280 points to register day’s low 10736 and closed 256 points down at 10760. Friday, overall outlook I mentioned was bullish with 10878-10736 as good support on […]

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Elliott Wave Analysis and Outlook of Nifty after Budget

Elliott Wave Analysis and Outlook of Nifty after Budget

| February 2, 2018

Nifty opened bit higher at 11044 and bounced further to register high 11103 but traded with huge Volatility thereafter. Nifty declined by more than 220 points to register day’s low 10878 and then bounced back by more than 230 points to register day’s high 11117 and finally closed 10 points down at 11016. For budget […]

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Elliott Wave Outlook and Trading Strategy of Nifty on Jan 2018 Expiry

Elliott Wave Outlook and Trading Strategy of Nifty on Jan 2018 Expiry

| January 24, 2018

Nifty opened bit higher at 10997 registered low 10994 and traded with huge strength for rest of the day. Nifty bounced by more than 120 points to register day’s high 11094 and closed 117 points up at 11083. Yesterday, I expected one more bounce for higher levels above all time high with 10932-10906 as immediate […]

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Elliott Wave Analysis Update of Nifty on All Time Frame as on 22 Jan 2018

Elliott Wave Analysis Update of Nifty on All Time Frame as on 22 Jan 2018

| January 21, 2018

Nifty registered new all time high 10906 on Friday, 19 Jan 2018 and bounced more than 800 points in last 8 weeks. Though, there is no change in long term wave counts but still I am preparing a fresh All Time Frame analysis report because last all time frame analysis report I prepared in Aug […]

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Elliott Wave Outlook of Nifty for 10 Jan 2018 Onward

Elliott Wave Outlook of Nifty for 10 Jan 2018 Onward

| January 9, 2018

Nifty opened higher at 10645 and bounced further to register new all time high 10659 but declined sharply by more than 50 points to register day’s low 10603 and finally closed 13 points up at 10637. Yesterday, a decline of 50-80 was expected before breaking higher above 10657 but 10583-10553 was good support range on […]

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Elliott Wave Analysis and Outlook of Nifty for Start of 2018

Elliott Wave Analysis and Outlook of Nifty for Start of 2018

| December 31, 2017

Nifty opened mild higher at 10492, registered low 10488 and traded with strength for rest of the day. Nifty bounced by almost 60 points to register day’s high 10538 and closed 52 points up at 10530. Friday, medium term outlook was positive for one more high above 10552 and same 10439-10369 was good support on […]

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Elliott Wave Outlook of Nifty for Gujarat Election Result Day

Elliott Wave Outlook of Nifty for Gujarat Election Result Day

| December 17, 2017

Nifty opened huge gap up at 10345 and bounced further to register day’s high 10373 but failed to sustain at higher levels and declined back by more than 50 points to register day’s low 10319 and finally closed 81 points up at 10333. Yesterday, overall outlook was bullish for 10329-10490 as upside target range and […]

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Elliott Wave Analysis of Nifty near Gujarat Election Result

Elliott Wave Analysis of Nifty near Gujarat Election Result

| December 14, 2017

Nifty opened bit higher at 10229 but declined sharply just after opening to register day’s low 10141. Later, Nifty found support in 10150-10140 range and bounced more than 130 points from low to register day’s high 10276 before closing 59 points up at 10252. Yesterday, overall outlook was bullish without any major weakness and 10140-10150 […]

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Nifty Outlook and Trading Strategy before Gujarat 2017 Election

Nifty Outlook and Trading Strategy before Gujarat 2017 Election

| December 10, 2017

Nifty opened higher at 10198 and traded with strength for rest of the day. Nifty bounced by more than 100 points to register day’s high 10170 and finally closed 98 points up at 10265. Friday, Nifty was in negative zone with 10198 as breakeven point and any reversal was expected if Nifty breaks above 10198 […]

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Elliott Wave Trading Strategy of Nifty on RBI’s Policy Meet

Elliott Wave Trading Strategy of Nifty on RBI’s Policy Meet

| December 6, 2017

Nifty opened lower at 10118 and declined further to register low 10069 but bounced from lower levels by more than 70 points to register high 10147 and finally closed 9 point down at 10118. Friday, Nifty was in negative zone with 10214 as breakeven point and 10013-9993 is range on downside from where a small […]

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