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 Analysis for Nifty

Below is a Multi Time Frame chart showing Elliott Wave 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

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 -

Technical Analysis for Nifty

The Down Trend continues, firming up in Higher Time Frames. Chart updates and Observations as of now -

Elliott Wave & Technical Analysis for Nifty

Nifty resisted in the 6075-95 zone as updated in the last post. Now we have a very Bearish Probability on cards which also is suggested by the Bank Nifty leading index.

Nifty Update : Elliott Wave & Technical Analysis

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Added Updated Chart as on 09-06-13 in the Post below . Brief in Comment section.
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Elliott Wave & Technical Analysis for Nifty

Global liquidity flows , probable current a/c deficit to go down with Crude & Gold prices, and Interest rate cut probability on low inflation data , help maintaining the Trend on Upside . Now further -

Nifty Update

Check out the charts updated from last week's post with observations .

Elliott Wave & Technical Analysis for Nifty

Check out the Charts with Observations for Trading Probabilities - 

Technical Analysis for Nifty

Follow up from the last post -

Elliott Wave & Technical Analysis for Nifty

Please check the trading insight provided at the end of the last post- CLICK HERE , we now move forward with it in the charts and observations given below-

Elliott Wave & Technical Analysis for Nifty

Nifty is at crossroads in the Short Term . Has it reversed for Upmove or still the Corrective continues ??. Lets check out the probabilities ahead in near term trading.

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 . 

Update for Nifty Trading

The update is a followup of last post's insight. A short term correction is on and may extend further or remain sideways this week .

Technical Analysis for Nifty

Elliott Wave & Technical Analysis for Nifty

The bounce materialized from the support zone of 5220-5190 . The short term Uptrend looks strong but is it a corrective bounce only or something bigger ?. Lets check out the probabilities -