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15 May 2014: Nifty Elliott wave analysis: Will it consolidate more or will it add more long on ‘Optimism’? Does not matter but do prefer to hold only lighter positions for overnight. If possible, just stay out. Prepare for either up circuit or down circuit tomorrow in extreme case.
14 May 2014: Nifty Elliott wave analysis: It may be a dead session before poll result day. Expect volatility in 100 points range but not easily tradable. I will confident to buy if it takes out 7175 levels else I will be silent.
13 May 2014: Nifty Elliott wave analysis: All set to another high fly start after exit poll. Prepare to see 7200 marks in best case. Technical support is now at 6950 levels. I just prefer to hold my long trades rather than adding more at high.
12 May 2014: Nifty Elliott wave analysis: A mammoth rise came on Friday to push bears back. We have good chance to see a new all-time again on Nifty. Will you hold long just before exit poll which will come today at 5 pm?
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