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18 December 2013: Nifty Elliott wave analysis: Logically, we should expect 6080 or lower levels but keep your eye on RBI policy only. Market may wait to see FOMC outcome tonight.
17 December 2013: Nifty Elliott wave analysis: I can still say that 6150 is a meaningful support, does not matter how bad WPI came. Market is fearful about repo rate hike.
16 December 2013: Nifty Elliott wave analysis: Once again keep your eye on 6150 and 6080 as meaningful support. Better confirmation to buy will come above 6230 levels. It is oversold in short term.
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