May 21, 2019

Elliot wave Analysis of Nifty (Election special)

MONTHLY CHART                   LONG  TERM  OUTLOOK Nifty is in a long term bull trend.     Inner wave (iii) is now in progress.   The Bullish view would be negated only if Nifty breaks below 9119. DAILY CHART MEDIUM TERM OUTLOOK Nifty is
April 8, 2019

NIFTY ELLIOTT WAVE ANALYSIS 08.04.2019

SUMMARY It  seems a ‘Flat’  correction is in progress and in which Wave ‘A’ completed Wave ‘B’ seems to completed  @ 11687-11750 range OR will terminate near 11750-810 after that Wave ‘C’ of larger degree would start which can target 10000 in the medium term. TRADING STRATEGY Based
April 4, 2019

NIFTY ELLIOTT WAVE ANALYSIS 04.04.2019

SUMMARY It  seems a ‘Flat’  correction is in progress and in which Wave ‘A’ completed Wave ‘B’ seems to completed  @ 11687-11750 range OR will terminate near 11750-810 after that Wave ‘C’ of larger degree would start which can target 10000 in the medium term.. TRADING STRATEGY Based
April 3, 2019

NIFTY ELLIOTT WAVE ANALYSIS 03.04.2019

SUMMARY It  seems a ‘Flat’  correction is in progress and in which Wave ‘A’ completed Wave ‘B’ seems to completed  @ 11687-11750 range OR will terminate near 11750-810 after that Wave ‘C’ of larger degree would start which can target 10000 in the medium term.. TRADING STRATEGY Based
April 1, 2019

NIFTY ELLIOTT WAVE ANALYSIS 01.04.2019

SUMMARY Instead of our earlier “Head & Shoulders’ pattern”,   it seems a ‘Flat’  correction is in progress and in which Wave ‘A’ completed Wave ‘B’ seems to be either completed or near to completion in the range from current level or  of 11687-11750. TRADING STRATEGY Based on the
March 29, 2019

NIFTY ELLIOTT WAVE ANALYSIS 29.03.2019

SUMMARY Instead of our earlier “Head & Shoulders’ pattern”,   it seems a ‘Flat’  correction is in progress and in which Wave ‘A’ completed Wave ‘B’ seems to be either completed or near to completion in the range from current level or  of 11687-11750. TRADING STRATEGY Based on the
March 27, 2019

NIFTY ELLIOTT WAVE ANALYSIS 28.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be completed and broken below the uptrend line.   A Five wave seems to be either completed or near to completion.
March 26, 2019

NIFTY ELLIOTT WAVE ANALYSIS 27.03.2019,30points Stop loss hit

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be completed and broken below the uptrend line.   Next major trendline support is @ 10200.   11395 is the immediate reversal
March 26, 2019

NIFTY ELLIOTT WAVE ANALYSIS 26.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be completed and broken below the uptrend line.   Next major trendline support is @ 10200.   11395 is the immediate reversal
March 25, 2019

NIFTY ELLIOTT WAVE ANALYSIS 25.03.2019,🍾🍾 profit of 70 points

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress BROKEN ABOVE 78% @ 11384 and is NOW EXTENDING TOWARDS ALL TIME HIGH.  Wave ‘B’ is most
March 21, 2019

NIFTY ELLIOTT WAVE ANALYSIS 22.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress BROKEN ABOVE 78% @ 11384 and is NOW EXTENDING TOWARDS ALL TIME HIGH.  Wave ‘B’ is most
March 18, 2019

NIFTY ELLIOTT WAVE ANALYSIS 18.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress BROKEN ABOVE 78% @ 11384 and is NOW EXTENDING TOWARDS ALL TIME HIGH.  Wave ‘B’ is most
March 14, 2019

NIFTY ELLIOTT WAVE ANALYSIS 14.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and is NOW EXTENDING.   Immediate Resistance is now @ 11384 which is 78% retracement of the fall.  
March 12, 2019

NIFTY ELLIOTT WAVE ANALYSIS 13.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and is NOW EXTENDING.   Immediate Resistance is now @ 11384 which is 78% retracement of the fall.  
March 12, 2019

NIFTY ELLIOTT WAVE ANALYSIS 12.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and likely to be terminated near 11085-1250.   From this range, Nifty is likely to reverse so be
March 11, 2019

NIFTY ELLIOTT WAVE ANALYSIS 11.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and likely to be terminated near 11085-1250.   From this range, Nifty is likely to reverse so be
March 8, 2019

NIFTY ELLIOTT WAVE ANALYSIS 08.03.2019 🍾🍾TGT HIT with Net 260 Points profit

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and likely to be terminated near 11085-1250.   From this range, Nifty is likely to reverse so be
March 7, 2019

NIFTY ELLIOTT WAVE ANALYSIS 07.03.2019

SUMMARY Our weekly outlook on NIFTY had clearly mentioned about a potential Head & Shoulders Pattern on the Chart.  Wave ‘A’ and Wave ‘B’ (right shoulder) seems to be in progress and likely to be terminated near 11085-1250.   From this range, Nifty is likely to reverse so be