November 28, 2017

Nifty Analysis for 28.11.2017

PRIMARY CYCLE (WEEKLY CHART) We are in wave (v) of (3).   Wave (v) completed ??.  If Wave (v) completed then a major corrective action is expected. INTERMEDIATE CYCLE (DAILY CHART) Wave (v) seems to be completed  and first wave down was completed at  10094 and  retraced above
November 26, 2017

Nifty analysis for 27.11.17

HOURLY CHART Nifty is still in a trading range with a slow momentum. The Breakout of the range will decide the direction of the next trend.    5 MINUTE CHART Nifty is moving upwards without a momentum which is caution for bulls. A move above 10420 is very
November 21, 2017

Nifty analysis for 22.11.17

HOURLY CHART Nifty held above 10260 and  10340 target achieved and closed near 10320 levels.    5 MINUTE CHART Nifty achieved 10342 today and closed near reversal point of 38% of the last rise ie. 10320.  As long as it  sustains above 10290, the Nifty can target the
November 20, 2017

Nifty analysis for 21.11.2017

HOURLY CHART No Change in the wave count.  10264 did not breached today.   10340 is 61% of the previous fall and is an important level to watch.  If  Nifty fails to sustain above 10340, Nifty can go down below 10094 again. 5 MINUTE CHART 10260 is the
November 19, 2017

Nifty Analysis for 20.11.2017

Elliot wave Analysis of Nifty  for 20.11.2017 HOURLY CHART As expected Nifty pull backed towards our  Second target of 10337.  10340 is 61% of the previous fall and is an important level to watch.  If  Nifty fails to sustain above 10340, Nifty can go down below 10094 again.
November 17, 2017

Nifty Analysis for 17.11.2017

HOURLY CHART Wave (1) or (A) completed and Wave (2) or (B) completed and Wave (3) or (C) completed at yesterdays Low at 10092. As expected upward pullback started and achieved first target of 10223.   5 MINUTE CHART Todays move up was in 5 wave moves. If
November 15, 2017

Nifty Analysis Report for 16.11.2017

HOURLY CHART Wave (1) or (A) completed and Wave (2) or (B) completed and Wave (3) or (C) progressing or Completed at todays Low at 10092. 5 MINUTE CHART   Today Our Second target achieved at 10120. However, NIFTY has gone beyond 10120 and finally closed above 10129.
November 14, 2017

Nifty Analysis for 15.11.2017

HOURLY CHART Wave (1)  or (A) completed  and Wave (2) or (B) completed and Wave (3) or (C) progressing .      5  Wave down seems to be completed at 10254.  It would be marked as (1) or (A)  and  retraced 38% towards 10344 and completed Wave (2)
November 13, 2017

NIFTY ELLIOT WAVE ANALYSIS REPORT FOR 14th NOVEMBER 2017

PRIMARY CYCLE (WEEKLY CHART) We are in wave (v) of (3). Wave (v) completed ??. If Wave (v) completed then a major corrective action is expected.   DAILY CHART Wave (v) seems to be completed.  Inner waves also seems to be completed in 5 waves.  If Wave (v)
November 10, 2017

Nifty Analysis Report 13NOV

We are in wave (v) of (3). Wave (v) completed ??. If Wave (v) completed then a major corrective action is expected. (v) seems to be completed. Inner waves also seems to be completed in 5 waves. If Wave (v) is completed a intermediate correction is expected which