EWT Articles
Sweeglu Elliott Waves is going to share most Accurate and Profitable Trading Strategy based on 38% retracement breakout of Elliott Wave Theory. People say 61% is Golden Retracement Fibonacci Ratio, but we are going to prove with real life facts and examples that 38% retracement is way more golden than 61% and it can make […]
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 […]
Ending Diagonal Triangle also called as ED in short is one of the complex patterns of Elliott Wave Theory which is the part of main proceeding trend. Many analysts and learners find it difficult to identify this pattern accurately because of ignorance or lack of knowledge about the rules and its inner wave calculations. So […]
Irregular correction is most frequently seen pattern of Elliott Wave Theory which witnessed even more than Simple Zigzag Correction but it is very less understood by majority of Elliott Wave Theory analysts and practitioners, even a very few EWT analysts knows about this word “Irregular Correction”. You must have observed this word “Irregular Correction” in […]
Nifty opened gap up today at 7883 as expected but started falling after hitting 7800 and declined gradually till 7737. But again Nifty bounced sharply from lower levels to rise more than 110 points from low before closing 93 points up at 7844. Yesterday I expected that Nifty can bounce minimum till 7803-7845 without breaking […]
Let me explain in details if “Elliott wave theory analysis works for Intraday Trading or not” with practical example and real facts. I don’t believe in just theoretical and philosophical statements but always try to explain every topic with evidences and practical examples let it be my analysis reports, book or articles. So, I am […]
Does Elliott Wave Theory Predicted the Nifty crash of 24 Aug 2015? This is question asked by many of my blog followers and some EWT learners. So, I am not going to give a philosophical debate for the answer of this question but want to explain something practical. So, let me start. On 27 July […]
This article “How to label Elliott Wave Theory counts correctly and accurately” is actually a reply to one of my student’s query. He sent me a chart analyzed by famous Elliott Wave Theory practitioner and asked me for comments. So, I prepared this article to explain why I am seeing abnormalities in these Elliott Wave […]
Does Elliott Wave Theory works at the time of any important news, important events, Govt. Policy decisions or other such important factors? This is the question asked by most of the traders/analysts and such similar questions like: What is the effect of Important New and Govt. Policies on Elliott Wave Theory Analysis? Does Elliott Wave […]
Let me show where you can get best free live charts of Stocks, Indexes, commodities or Currencies for Elliott Wave Theory Analysis. Most of the traders or learners are not tech save, so I am explained here step by step with screenshots. Many of my students and followers ask me these questions: What Charting Software […]
Nifty Analysis, Outlook and Important Levels for 11 Nov 2019
Nifty opened lower at 11888, declined to register low 11952 and bounced back to register high 12034 but declined back again to register day’s low 11889 and closed 103 points down at 11908. Yesterday, Overall Nifty was in positive zone with 11801-11665 as short term support but a correction towards this support 11801-11665 was expected […]
Nifty can Decline Towards 11776-11645 Soon
Nifty opened higher at 11928 and bounced further to register day’s high 11989 but declined back sharply by more than 80 points to register day’s low 11905 and closed 50 points up at 11941. Now, let’s have a fresh look at latest charts for further scenario. This analysis report is covering move after 6825 and […]
Elliott Wave Analysis of Nifty for 18 Oct 2019 Onward
Nifty opened flat at 11466, declined to register day’s low 11439 but bounced back by 160 points to register day’s high 11599 and closed 122 points up at 11586. Yesterday, 11412-11369 was immediate support and 11369 was immediate downside breakeven point. Trading strategy was to sell Nifty after break and stay below 11369 but Nifty […]
NIFTY Analysis, Outlook and Important Levels for 07 Oct 2019
Nifty opened higher at 11388, bounced further to register day’s high 11400 but declined back sharply by more than 240 points to register day’s low 11158 and closed 139 points down at 11174. Friday, overall 11398-11452 was strong resistance and Nifty was expected to decline below 11271 without breaking higher above 11452. Trading strategy was […]
SWEEGLU ELLIOTT WAVES 38% RETRACEMENT BREAKOUT TRADING STRATEGY
Sweeglu Elliott Waves is going to share most Accurate and Profitable Trading Strategy based on 38% retracement breakout of Elliott Wave Theory. People say 61% is Golden Retracement Fibonacci Ratio, but we are going to prove with real life facts and examples that 38% retracement is way more golden than 61% and it can make […]
SWEEGLU ELLIOTT WAVES 38% RETRACEMENT BREAKOUT TRADING STRATEGY
Sweeglu Elliott Waves is going to share most Accurate and Profitable Trading Strategy based on 38% retracement breakout of Elliott Wave Theory. People say 61% is Golden Retracement Fibonacci Ratio, but we are going to prove with real life facts and examples that 38% retracement is way more golden than 61% and it can make […]
Elliott Wave Counts of Nifty for 17 Nov 2016 – Completion of Irregular Correction
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 […]
Ending Diagonal Triangle (ED) Pattern of Elliott Wave Theory Explained by Deepak Kumar
Ending Diagonal Triangle also called as ED in short is one of the complex patterns of Elliott Wave Theory which is the part of main proceeding trend. Many analysts and learners find it difficult to identify this pattern accurately because of ignorance or lack of knowledge about the rules and its inner wave calculations. So […]
Irregular Correction of Elliott Wave Theory Explained by Deepak Kumar
Irregular correction is most frequently seen pattern of Elliott Wave Theory which witnessed even more than Simple Zigzag Correction but it is very less understood by majority of Elliott Wave Theory analysts and practitioners, even a very few EWT analysts knows about this word “Irregular Correction”. You must have observed this word “Irregular Correction” in […]
Identification and Importance of Irregular Correction formed on 17 Dec 2015
Nifty opened gap up today at 7883 as expected but started falling after hitting 7800 and declined gradually till 7737. But again Nifty bounced sharply from lower levels to rise more than 110 points from low before closing 93 points up at 7844. Yesterday I expected that Nifty can bounce minimum till 7803-7845 without breaking […]
Aurobindo Pharma (ARBN) can Bounce Above 922 in Medium Term – Elliott Wave Analysis
Aurbindo Pharma (ARBN) stock is presently in consolidation after a very sharp rally of more than 1000% in just 2 years after 2014. I was just looking at its charts and found an Irregular Correction like pattern at top, so I further went through all time frames of these stocks and decide to prepare this […]
Elliott Wave Update of Capital First Ltd (CAPF) as on 31 March 2016
This Elliott Wave Analysis report of Capital First Ltd (CAPF) is update on my previous analysis report Capital First Limited (CAPF) can achieve 464-551 without breaking below 320, CMP 359 prepared on 28 Feb 2016 where I expected this stock to bounce till 464-551 in medium term without breaking below 320 when stock was trading […]
Capital First Limited (CAPF) can achieve 464-551 without breaking below 320, CMP 359
I was looking at charts of Stocks and found chart of this stock “Capital First Limited” (CAPF) interesting in a clear pattern. This stock is currently trading at 359. The Elliott Wave Pattern on chart seems quite clear with easy identification of waves, patterns and convincing Fibonacci Calculation. Let’s start from monthly chart. This is […]
3 Low Priced Stocks I Would Like To Buy This Diwali Expecting Multifold Returns
I spent last two days to search 3 low priced stocks to buy this Diwali having potential to give multi-fold returns in next 3-5 years. The expectation of returns is based on Technical Analysis mainly on the principles of Elliott Wave Theory coupled with basic fundamental aspects. These stocks are under the price of 90 […]
Elliott Wave Analysis Report of Axis Bank as on 31 Aug 2015
This Elliott Wave Analysis report of Axis Bank is follow up of my previous analysis I posted in Nov 2014. Click on Elliott Wave Analysis of Axis Bank by Deepak Kumar on 04 Nov 2014 to read my previous report. I was expecting higher levels for Axis Bank in quick time and those levels also […]