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Elliott Wave Chart Analysis of Nifty

Nifty Elliott Wave Analysis Report for 07 Oct 2014

Nifty was range bound on 01 Oct 2014 and there was less participation from traders because of 5 holidays ahead. Nifty moved in 30 points range for whole day and finally close marginally negative at 7945. In my previous report

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Nifty Elliott Wave Updates for 01 Oct 2014

Nifty broke above 8000 today but didn’t sustain and declined back sharply from 8030 to 7925 in just 30 minutes. Some days back, I expected Nifty to rise till 8024 once after entering 7875-7814 zone. Today Nifty achieved 8024. Yesterday

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Elliott Waves Analysis Report of Nifty for 08 Sept 2014

Nifty is consolidation in 90 points range from last 2 sessions with high volatility and aggressive sudden swings. And this consolidation looks like a correction before bounce of some 100-150 points. Let me explain the probabilities on Charts.  The counts

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Elliot Waves Analysis Report of Nifty for 04 Sept 2014

Nifty again touched new high today and close above new milestone of 8100. Nifty is continue in trend giving Gap Ups every day and rising without any reasonable correction and still not showing any sign of weakness. Almost every time

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Elliott wave Analysis Report of Nifty for 03 Sep 2014

Nifty hits a new milestone of 8100 today after breaking psychological levels of 8000 in previous session. Nifty is rising continuously without any reasonable correction from 7540 and gained almost 560 points in 14-15 sessions with only one correction of

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