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04 October 2012: Nifty Elliott wave analysis: Crossover of 5676 has given rise. Now crucial trading supports will be at 5690 and 5638 (~5630). Trading resistance will be at 5751. If correction has to come then it can come today or tomorrow.
27 September 2012: Nifty Elliott wave analysis: Three soft trading days before expiry will make this market volatile. Range 5638 to 5676 – Break of any side will give favorable direction in that side. Note – troubles emerging in European market.
26 September 2012: Nifty Elliott wave analysis: Break below 5650 will give a fall on Nifty towards 5620 first and then it may see panic low towards 5600 levels. Stiff technical resistance will be at 5720 levels.
25 September 2012: Nifty Elliott wave analysis: First bad news for this market will be the stop of good news. Wave theory is suggesting that 5720 will be important resistance for short term. No great confirmation for fall yet.
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