Tag: Short term target of Nifty

Nifty can Bounce Sharply Towards 9406-9470 in Coming Sessions

Nifty can Bounce Sharply Towards 9406-9470 in Coming Sessions

| April 28, 2017

Nifty opened mild higher at 9359 and consolidated in 45 points range between 9322-9367 for rest of the day. Finally Nifty closed just 9 points down at 9342. Yesterday, 9257 was the reversal point and stoploss for longs and bounce towards 9406-9470 was expected in coming days. Also suggested to buy Nifty if decline towards […]

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Nifty Likely to Give Good Move Either Side – Elliott Wave Analysis

Nifty Likely to Give Good Move Either Side – Elliott Wave Analysis

| April 18, 2017

Nifty opened flat at 9144 and bounced to register day’s high 9160 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty decline about 40 points from day’s high to register the low 9120 before closing 11 points down at 9139. Friday, a bounce above 9273 was […]

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Elliott Wave Analysis and Trading Strategies of Nifty for 17 April 2017

Elliott Wave Analysis and Trading Strategies of Nifty for 17 April 2017

| April 15, 2017

Nifty opened flat at 9202 but declined sharply just after opening and traded with negative bias of rest of the day. Nifty decline by more than 50 points to register day’s low 9144 before closing 52 points down at 9150. Friday, a bounce above 9273 was expected without breaking below 9131 and suggested to buy […]

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Elliott Wave Outlook of Nifty for 13 April 2017 Onward

Elliott Wave Outlook of Nifty for 13 April 2017 Onward

| April 13, 2017

Nifty opened flat today at 9246 but declined sharply just after opening. Nifty decline by more than 80 points to register day’s low 9161 followed by bounce again towards 9226 and finally closed 33 points down at 9203. Yesterday, 9207 was stoploss for existing longs for upside targets 9273-9330. Shorts were not suggested even if […]

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Elliott Wave Outlook of Trading Strategy of Nifty for 11 April 2017

Elliott Wave Outlook of Trading Strategy of Nifty for 11 April 2017

| April 11, 2017

Nifty opened higher at 9225 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined to register day’s low 9174 and finally closed 16 points down at 9181. Yesterday, 9177 was breakeven point on downside and 9219 was breakeven point on upside. I suggested to buy […]

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Elliott Wave Analysis and Outlook of Nifty for 10 April 2017 Onward

Elliott Wave Analysis and Outlook of Nifty for 10 April 2017 Onward

| April 9, 2017

Nifty opened lower at 9223 and bounced to register day’s high 9250 but failed to sustain at higher levels and declined again to register new day’s low 9188 before closing 63 points down at 9198. Yesterday, 9249 was breakeven point and suggested to sell Nifty even if touch 9248 using stoploss of 9267 expecting minimum […]

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Elliott Wave Outlook of Nifty for 06 April 2017 Onward

Elliott Wave Outlook of Nifty for 06 April 2017 Onward

| April 6, 2017

Nifty opened higher at 9264 and declined to register day’s low 9215 but bounced again from lower levels to register day’s high 9273 before closing 27 points up at 9265. Yesterday, 9207 was breakeven point and 9199 was stoploss of existing longs. Further, suggested to buy April 9300 put if Nifty trades below opening price […]

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Elliott Wave Analysis and Outlook of Nifty for 03 April 2017 Onward

Elliott Wave Analysis and Outlook of Nifty for 03 April 2017 Onward

| April 2, 2017

Nifty opened slightly lower at 9158 but bounced from lower levels and consolidated in 9152-9191 range for rest of the day. Finally Nifty closed just 5 points down at 9173. Yesterday, waves were suggesting either bounce above 9218 or decline below 9019 with 9131 as breakeven point. 9131 was stoploss for longs and shorts were […]

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Elliott Wave Outlook of Nifty for March 2017 Expiry Week

Elliott Wave Outlook of Nifty for March 2017 Expiry Week

| March 26, 2017

Nifty opened higher at 9104 and registered the low of 9089 but traded with strength for rest of the day. Nifty bounced more than 40 points to registered day’s high 9133 before closing 21 points up at 9108. Yesterday, 9074 was the fresh stoploss for longs and bounce towards 9131-9141 was expected. Suggested to hold […]

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Elliott Wave Analysis Report of Nifty for 22 March 2017

Elliott Wave Analysis Report of Nifty for 22 March 2017

| March 22, 2017

Nifty opened mild higher at 9133 and bounced further to register day’s high 9147 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by about 60 points from day’s high to register day’s low 9087 before closing 5 points down at 9122. Nifty also broke below […]

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