Tag: Short term target of Nifty

Elliott Wave Analysis and Trading Strategy of Nifty for 12 July 2017 Onward

Elliott Wave Analysis and Trading Strategy of Nifty for 12 July 2017 Onward

| July 11, 2017

Nifty opened higher at 9797 and bounced further to register new life time high 9830 but failed to sustain at those higher levels and declined back to register day’s low 9778 before closing 15 points up at 9786. In my last analysis report (for 10 July), I expected a bounce above 9700 and suggested to […]

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Further Elliott Wave Outlook and Trading Strategy of Nifty for 05 July 2017

Further Elliott Wave Outlook and Trading Strategy of Nifty for 05 July 2017

| July 4, 2017

Nifty opened higher at 9645 and registered day’s high 9650 but failed to sustain at higher levels and declined by 55 points to register day’s low 9595 followed by bounce again. Finally, Nifty closed just 1 point down at 9613. Yesterday, further bounce towards 9649-9690 was expected followed by the possibility of decline towards low […]

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Nifty Elliott Wave Outlook and Trading Strategy for 03 July 2017

Nifty Elliott Wave Outlook and Trading Strategy for 03 July 2017

| July 3, 2017

Nifty opened lower at 9478 and declined further to register day’s low 9448 but bounce from lower levels by more than 80 points to register day’s high 9535 before closing 16 points up at 9520. Friday, 9513 was breakeven point for short term and 9472-9454 was the range from where a small or big bounce […]

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Outlook of Nifty for 20 June 2017 Onward – Perfect Example of Triple Zigzag Correction

Outlook of Nifty for 20 June 2017 Onward – Perfect Example of Triple Zigzag Correction

| June 20, 2017

Nifty opened higher 9626, bounced sharply after opening and traded with strength for rest of the day. Nifty bounced more than 80 points to register day’s high 9673 before closing 69 points up at 9657. Friday, Bounce above 9709 was expected in coming days with some confusion in lower range. So, 9700 Jun call taken […]

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Nifty can be Bought in 9608-9568 Range for New High Above 9709

Nifty can be Bought in 9608-9568 Range for New High Above 9709

| June 12, 2017

Nifty opened mild lower at 9638 and declined further to register day’s low 9608 but bounced again from lower levels to register day’s high 9676 before closing 21 points up at 9668. Friday, a corrective decline towards 9622-9658 was expected and trading strategy was to hold Nifty shorts taken in 9679-9709 using fresh stoploss of […]

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Nifty can be Sold in 9679-9709 Range with Stoploss of 9710

Nifty can be Sold in 9679-9709 Range with Stoploss of 9710

| June 7, 2017

Nifty opened higher at 9704 and registered new all time high 9709 but failed to sustain at higher levels and decline back sharply to register day’s low 9630 before closing 37 points down at 9637. Friday, Nifty was expected to bounce towards 9706-9779 at least in near term and 9649 was short term reversal or […]

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Nifty can Bounce Towards 9661-9728 in Coming Sessions

Nifty can Bounce Towards 9661-9728 in Coming Sessions

| June 1, 2017

Nifty opened lower at 9603 and bounced after opening to register day’s high 9634 but failed to sustain at higher levels and decline back to register day’s low 9589 before closing 5 points down at 9616. Yesterday, Nifty was expected to bounce towards 9661-9728 at least in near term and 9581 was short term reversal […]

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Elliott Wave Analysis of Nifty using All Time Frames

Elliott Wave Analysis of Nifty using All Time Frames

| May 29, 2017

Nifty is trading at new all time high and bounced more than 250 points in last 02 sessions. Our most of the wave counts were completing at previous high 9532 but a new wave has been started which breached 9532. So, we need to revise previous wave counts to check or identify the position of […]

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Further Elliott Wave Analysis and Outlook of Nifty for 26 May 2017 Onward

Further Elliott Wave Analysis and Outlook of Nifty for 26 May 2017 Onward

| May 26, 2017

Nifty mild higher at 9384, registered low 9379 and traded with positive bias for rest of the day. Nifty bounced more than 160 points to register high 9523 before closing 149 points up at 9509. Yesterday, a bounce above 9532 was expected in coming days because of corrective decline. So, Nifty was suggested to buy […]

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Nifty can Bounce Above 9532 in Coming Days – Elliott Wave Analysis

Nifty can Bounce Above 9532 in Coming Days – Elliott Wave Analysis

| May 25, 2017

Nifty opened mild higher at 9410, declined till 9386 and then bounced to register day’s high 9431 but failed to sustain at higher levels and declined sharply by 90 points from high to register day’s low 9341 before closing 25 points down at 9360. Yesterday, a possibility of Triple Zigzag correction was expected within the […]

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