Tag: Short term target of Nifty

EW Analysis and Trading Strategy of Nifty for 02 Nov 2017 Onward

EW Analysis and Trading Strategy of Nifty for 02 Nov 2017 Onward

| November 1, 2017

Nifty opened higher at 10390, bounced sharply after opening and traded with huge strength for rest of the day. Nifty bounced more than 110 points to register day’s high 10451 and closed 105 points up at 10440. Yesterday, I mentioned that outlook of Nifty is positive and there is possibility for one more bounce above […]

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Elliott Wave Outlook of Nifty for Oct 2017 Expiry Week

Elliott Wave Outlook of Nifty for Oct 2017 Expiry Week

| October 22, 2017

Nifty opened flat at 10210 on Thursday (Muhurat Trading) but traded with weakness for rest of the day. Nifty declined more than 80 point within 1 hour of Muhurat trading and finally closed 64 points down at 10146. Thursday, I expected Nifty to bounce again above 10251 in coming sessions with 10137 as breakeven point […]

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Elliott Wave Outlook of Nifty for 16 Oct 2017 Onward

Elliott Wave Outlook of Nifty for 16 Oct 2017 Onward

| October 15, 2017

Nifty opened higher at 10123 and traded with huge strength for rest of the day. Nifty bounced more than 90 points to register life time high 10191 and finally closed 71 points up at 10167. Let’s have a fresh look at latest charts for further scenario. Friday, short term and medium term outlook was bullish […]

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Further Elliott Wave Analysis Updates of Nifty for 13 Oct 2017 Onward

Further Elliott Wave Analysis Updates of Nifty for 13 Oct 2017 Onward

| October 13, 2017

This Elliott Wave Analysis Report of Nifty is further update on my last analysis report Nifty Can Decline 100-120 Points from 10024-10039 Range – EW Analysis on 12 Oct 2017 because pattern expected in last report is negated. Nifty higher at 10011 and declined sharply just after opening to registered day’s low 9977 but bounced from lower […]

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Nifty Can Decline 100-120 Points from 10024-10039 Range  – EW Analysis on 12 Oct 2017

Nifty Can Decline 100-120 Points from 10024-10039 Range – EW Analysis on 12 Oct 2017

| October 12, 2017

Nifty opened higher at 10042 and bounced further to register day’s high 10067 but failed to sustain at higher levels and declined sharply by more than 100 points to register day’s low 9955 and finally closed 32 points down at 9984. Yesterday, I explained that medium term outlook is still bullish for bounce above 10178 […]

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Nifty can Bounce Above 10178 in Coming Days – Elliott Wave Analysis

Nifty can Bounce Above 10178 in Coming Days – Elliott Wave Analysis

| September 29, 2017

Nifty opened almost flat at 9736 and declined to register day’s low 9687 but bounced from lower levels by 100 points to register day’s high 9789 before closing 33 points up at 9768. Yesterday, I explained that an Irregular correction is about to completed in 9695-9619 range after which there is a possibility of sharp […]

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Elliott Wave Outlook and Trading Strategies of Nifty for Sep 2017 Expiry Week

Elliott Wave Outlook and Trading Strategies of Nifty for Sep 2017 Expiry Week

| September 22, 2017

Nifty opened flat at 10139 and bounced to register day’s high 10158 but failed to sustain at higher levels and declined sharply by 100 points to register day’s low 10058 followed by bounce back and finally closed 19 points down at 10121. Yesterday, I explained that short term outlook is still bullish for bounce towards […]

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Elliott Wave Analysis and Trading Strategy of Nifty for 20 Sep 2017 Onward

Elliott Wave Analysis and Trading Strategy of Nifty for 20 Sep 2017 Onward

| September 19, 2017

Nifty opened higher at 10175 and registered new life time high 10178 but declined just after opening and traded with negative bias for rest of the day. Nifty declined to register day’s low 10129 before closing 5 points down at 10147. Yesterday, I explained that short term outlook is still bullish for bounce above 10171 […]

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Nifty has Possibility to Decline Towards 9956-9859 in Coming Days – Elliott Wave Analysis

Nifty has Possibility to Decline Towards 9956-9859 in Coming Days – Elliott Wave Analysis

| July 28, 2017

Nifty opened higher at 10063 and bounced further to register day’s high 10114 but failed to sustain at higher levels and declined back by more than 100 points from high to register day’s low 10005 before closing flat at 10020. Yesterday, I mentioned that some sort of Impulse is about to completed may be around […]

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Nifty can Bounce Further Towards 9992-10102 in Short Term –  Elliott Wave Analysis

Nifty can Bounce Further Towards 9992-10102 in Short Term – Elliott Wave Analysis

| July 19, 2017

Nifty opened gap up at 9855 and traded with strength for rest of the day. Nifty bounced further after opening to register day’s high 9905 before closing 72 points up at 9899. Yesterday, one more bounce for new high above 9928 was expected in coming days because of Irregular Correction at top whereas 9790 was […]

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