Nifty 50 - Analysis

28 February 2014: Nifty Elliott wave analysis: 6262 to 6285 levels are also looking achievable. Higher levels demands extreme caution. We are close to the short term top but still not on exact top.

28 February 2014: Nifty Elliott wave analysis: 6262 to 6285 levels are also looking achievable. Higher levels demands extreme caution. We are close to the short term top but still not on exact top.

You must read previous articles and watch the given chart carefully to understand this article completely. For 28 February 2014: - On 2…
26 February 2014: Nifty Elliott wave analysis: Do not get tempted on derivative expiry. Valid resistance for Nifty is at 6242 to 6262 and support is at 50 DMA, i.e. 6180. Next wave of sell off can be global in nature.

26 February 2014: Nifty Elliott wave analysis: Do not get tempted on derivative expiry. Valid resistance for Nifty is at 6242 to 6262 and support is at 50 DMA, i.e. 6180. Next wave of sell off can be global in nature.

You must read previous articles and watch the given chart carefully to understand this article completely. For 26 February 2014: - On 2…
25 February 2014: Nifty Elliott wave analysis: Nifty can achieve 6242-6262 once crosses 6195 but this rise may truncate today at higher levels after a gap up. These are last days of rise. Do not get tempted a day before derivative expiry.

25 February 2014: Nifty Elliott wave analysis: Nifty can achieve 6242-6262 once crosses 6195 but this rise may truncate today at higher levels after a gap up. These are last days of rise. Do not get tempted a day before derivative expiry.

You must read previous articles and watch the given chart carefully to understand this article completely. For 25 February 2014: - On 2…
24 February 2014: Nifty Elliott wave analysis: 6195 may be a possibility above 6160 levels but I still feel that 6160 is a suitable level for the end of relief rally. Keep your eye on global market too. Derivative expiry is nearer.

24 February 2014: Nifty Elliott wave analysis: 6195 may be a possibility above 6160 levels but I still feel that 6160 is a suitable level for the end of relief rally. Keep your eye on global market too. Derivative expiry is nearer.

You must read previous articles and watch the given chart carefully to understand this article completely. For 24 February 2014: - On 2…
21 February 2014: Nifty Elliott wave analysis: No bounce can save at higher levels. We may have another day when we will see closing near day’s low. Ley support for Nifty is at 6075 and key resistance is 6145 to 6160.

21 February 2014: Nifty Elliott wave analysis: No bounce can save at higher levels. We may have another day when we will see closing near day’s low. Ley support for Nifty is at 6075 and key resistance is 6145 to 6160.

You must read previous articles and watch the given chart carefully to understand this article completely.  For 21 February 2014: - …
20 February 2014: Nifty Elliott wave analysis: We may have a blow up top yesterday which same after breaking 6145 to misguide. Negative close can confirm the beginning of another correction.

20 February 2014: Nifty Elliott wave analysis: We may have a blow up top yesterday which same after breaking 6145 to misguide. Negative close can confirm the beginning of another correction.

You must read previous articles and watch the given chart carefully to understand this article completely. For 20 February 2014: - On 1…
19 February 2014: Nifty Elliott wave analysis: Now 6145 is next threshold level to buy for a move towards 6200. If it fails at 6145 then it can begin correction anytime. Today is make or break day.

19 February 2014: Nifty Elliott wave analysis: Now 6145 is next threshold level to buy for a move towards 6200. If it fails at 6145 then it can begin correction anytime. Today is make or break day.

You must read previous articles and watch the given chart carefully to understand this article completely. For 19 February 2014: - On 1…
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