Tag: Short term target of Nifty

Elliott Wave Outlook and Trading Srategy for 01 March 2018

Elliott Wave Outlook and Trading Srategy for 01 March 2018

| March 1, 2018

Nifty opened lower at 10488, registered low 10461 and traded with positive bias for rest of the day with range bound volatility. Nifty traded in 10535-10461 range for whole day and closed 61 points down at 10492. Yesterday, the overall wave counts were suggesting one more decline for low below 10276, most probably from 10637-10829 […]

Continue Reading

Elliott Wave Analysis and Trading Strategy of Nifty for 28 Feb 2018

Elliott Wave Analysis and Trading Strategy of Nifty for 28 Feb 2018

| February 27, 2018

Nifty opened higher at 10615, registered high 10631 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by more than 90 points from day’s high to register day’s low 10537 and closed 28 points down at 10554. Yesterday, the overall wave counts were suggesting one […]

Continue Reading

Further Elliott Wave Analysis Updates of Nifty for 19 Feb 2018 Onward

Further Elliott Wave Analysis Updates of Nifty for 19 Feb 2018 Onward

| February 18, 2018

This analysis report is further update on my last analysis report ( Nifty can Bounce Sharply towards 10759-10829 Very Soon ) because short term pattern explained on this report was negated. Nifty opened higher at 10596, registered high 10612 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty […]

Continue Reading

Nifty can Bounce Sharply towards 10759-10829 Very Soon

Nifty can Bounce Sharply towards 10759-10829 Very Soon

| February 15, 2018

Nifty opened higher at 10537, registered low 10518 and bounced sharply to register day’s high 10618 but failed to sustain at higher levels and declined back to register day’s low 10511 and finally closed 44 points up at 10545. Yesterday, personality of the bounce from low was not suggesting any bigger reversal for new high […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading