Elliott Wave & Technical Analysis for Nifty

After a dull expiry for Jan series and big move on Friday, lets check out the charts as of now -

Elliott Wave & Technical Analysis for Nifty

Prolonged Correction is on from the High of 9119. The start of 2016 has been quite Bearish. Check out where do we stand in bigger Picture and the probable structure of Correction .

Elliott Wave and Technical Analysis for Nifty

Is there a Reversal in sight ? Let's check the last post observations and follow up -

Elliott Wave & Technical Analysis for Nifty

Let us check the Probability in line with the larger Bullish Trend with Nifty now nearing all time High of apprx 8000 .

THE POST HAS BEEN UPDATED AS ON 28-09-14 with new charts : 

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This Blog will be regularly updated for the Members and will cater to the needs of Short Term traders, both Intraday and Positional, with alerts as and when low risk trading probability arises.

Advisory Service for Nifty Futures & Options

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Elliott Wave & Technical Analysis for Nifty

Was not able to update a new post last month but observations in the comment section of last post held good to capture the reversal from 5477 bottom above crucial 5550 level then. We have done the 5960 target as mentioned. Now further-

Elliott Wave & Technical Analysis for Nifty

The bounce in oversold conditions materialized on the last trading session of the March series after trading in an ending diagonal pattern in the truncated week. Lets check the trading probabilities ahead .

Elliot Wave & Technical Analysis for Nifty

The Short Term direction came on RBI policy and gave a good downside move below 20dma at 5840 apprx then. Now let us take a look at new signals developing as of now and the trading probability . 

Technical Analysis for Nifty

After some volatile move last week, Nifty is now at cross roads for its Short term move. The bias may be decided by RBI meet on Tuesday . Check out the self explanatory charts below .

Elliott Wave & Technical Analysis for Nifty

As analyzed and observed in last week's post and comments , the downtrend continued . Lets check out the technical charts for trading this week.

Technical & Elliott Wave Analysis for Nifty

There has been a consistent negative diversion in different time frames since the high of 5965 was made in December 2012 but till now it has not been confirmed with significant price correction instead Price have been making higher highs . Lets see what probabilities lie ahead in the following charts and observations -

Update for Nifty Trading

Markets were in sideways corrective mode last week . The insight of correction continues this week also as perceived since the start of the Month. 5730 remained unconquered in the sideways markets as analyzed last week . 

Trading Nifty

Below are some observations which were posted as comments in the last post - 

Elliott Wave Update for Nifty

Nifty reacted from the resistance zone of 5225-5265 as seen in the last post . The downside was not much and almost paired the losses completely. Now let us check the probability that may be unfolding in the short term -

Technical Analysis for Nifty

For the whole Month of April till now the range of Nifty is just apprx. 200 points even with important events as Results and RBI policy etc gone by . It may be making most traders uncomfortable as this sideways , low range and low volume Market tends to whipsaws all trading systems. Below are some charts with observations.

Tweets for Nifty Trading

RBI policy was announced today and setup posted yesterday gave a good trade on long side . Below are few Tweets done as observation in the runup to the RBI event .

13-04-12 :

16-04-12

Hope they helped !!!

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Technical Analysis for Nifty

After a sustained upmove since 4530 levels , a correction has set in from short term top at 5630 . We try to analyze whether the correction will extend further in short term? and what's in store trading further ? Below are some charts and conclusions -

HAPPY NEW YEAR !!!

" Action speaks louder than words"  and a " Picture is worth Thousand Words" .

Below is the Picture that we traded in action this week at the Advisory ( and   surely it is worth more than thousands of Rupees to the Subscribers !!! )

Advisory Service for Nifty Futures & Options

I propose to start an Advisory Services on Subscription basis  for a select  batch of Traders who wish to have an opportunity to Learn and Trade Technicals.