Blood Moon, Eclipse, Stock Markets, Nifty, Elliott Wave,.......

On 27th July 2018 we witnessed the Blood Moon, Longest Total Lunar Eclipse of the Century !!!

Elliott Wave and Technical Analysis for Nifty

Let us take a look at the Probability as of now. 

Elliott Wave & Technical Analysis for Nifty

A Big Weekly Downside. Markets Down almost 25% from the Top of 9119. Check out the Charts as of now.

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 -

Nifty in Expiry Week- Jan 2016

Are the Bears leaving or still sniffing opportunity?

Last week Nifty achieved the basic target of Correction at 7350 apprx and went further down. Let us check the short term Probability in store for this week.

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

Nifty's Trend is that of sustained upmove with only Short term corrections and making Higher Lows- Higher Highs. 

Lets check out what lies ahead before upcoming Annual Budget -

Elliott Wave & Technical Analysis for Nifty

Last Post had calculation for the upmove from 7723 to be in final phase and a likely culmination above 8550+ . Now further update -

Elliott Wave & Technical Analysis for Nifty

Check out the probability that lies ahead as of now :

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 : 

Elliott Wave & Technical Analysis for Nifty

Though majority of the Technical signals are showing a maturing down trend, let us check a bullish probability for the short term -

Elliott Wave Analysis for Nifty

Below is a Multi Time Frame chart showing Elliott Wave Probability -

Elliott Wave & Technical Analysis for Nifty

Event of the Financial Budget is round the corner. Let's check out the Technical Probabilities as of now.

Nifty

Chart posted yesterday has been changed with regards to EW sub wave counts though the Technical outlook and probable Impact remains the same.

The old chart stands invalid and the one below is in consideration now.

   

Elliott Wave & Technical Analysis for Nifty- Achchhey Din Aane Wale Hein !!!

Good Days are round the corner for the prudent Technical Traders. Lets check out- Why ?

General Election 2014 Results are poised for May 16th which may give a good move in the Short Term and clear the Major Trend ahead for the Medium Term Time Frame.

Check the Technical Probabilities ahead -

Elliott Wave Analysis for Nifty

Check out a Bullish Probability - 

Elliott Wave & Technical Analysis for Nifty

Last Post cautioned the Longs, Extended target area starting from 6335, Bearish signals, Refrain for ultra bullish calls etc.

Market reacted on downside retracing the last pivot of 6032 in a faster time period. Now further --

Elliott Wave & Technical Analysis for Nifty

Stock Markets have closed at the Highest Weekly Close level of 2013 and are quite near to Yearly and all time Highs. Lets check out the probabilities at this stage-

Elliott Wave & Technical Analysis for Nifty

As analyzed in the last post , a Rally to the mentioned target zone near 5675-5725 happened from the support zone of 5295-5335. Now lets check further -