Tag: Short term target of Nifty

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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Elliott Wave Analysis Report of Nifty for 05 Dec 2016

Elliott Wave Analysis Report of Nifty for 05 Dec 2016

| December 5, 2016

Nifty opened gap down at 8153 and declined further towards 8100. Nifty bounced from 8100 by 80 points to register day’s high 8159 but failed to sustain at higher levels and declined by be 90 points to register new day’s low 8070 before closing 106 points down at 8106. Yesterday, trading strategy was to hold […]

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Elliott Wave Analysis and Outlook of Nifty for 02 Dec 2016

Elliott Wave Analysis and Outlook of Nifty for 02 Dec 2016

| December 2, 2016

Nifty opened bit higher at 8244 and bounced to register day’s high 8250 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by more than 60 points from high to register day’s low 8185 before closing 31 points down at 8192. Yesterday, selling was suggested […]

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Elliott Wave Outlook of Nifty for 28 Nov 2016 Onward

Elliott Wave Outlook of Nifty for 28 Nov 2016 Onward

| November 28, 2016

Nifty opened gap up at 8007 and declined sharply to register day’s low 7976 but bounced from lower levels and traded with huge strength for rest of the day. Nifty bounced more than 150 points before closing 148 points up at 8114. Friday, I didn’t suggest any traded but suggested to book profits/exit in all […]

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Elliott Wave Counts of Nifty for 17 Nov 2016 – Completion of Irregular Correction

Elliott Wave Counts of Nifty for 17 Nov 2016 – Completion of Irregular Correction

| November 17, 2016

Nifty opened gap up yesterday at 8205 but failed to sustain at higher levels and traded with negative bias for rest of the day. Nifty declined by 120 points from 8210-8089 before closing 3 points up at 8111. Yesterday, Selling was suggested on bounce towards 8196-8230 with stoploss of 8237 expecting targets below 8093. Nifty […]

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Elliott Wave Counts of Nifty for 16 Nov 2016 – Possibility of Irregular Correction

Elliott Wave Counts of Nifty for 16 Nov 2016 – Possibility of Irregular Correction

| November 16, 2016

This Elliott Wave Analysis Report of Nifty for 16 Nov 2016 I prepared and sent today before 8:30 AM to my clients. I am posting this analysis report after market opening when action explained is already happened. The main chart of this report is slightly modified (written text) as this report I am posting just for my […]

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