Nifty 50 - Analysis

21 May 2014: Nifty Elliott wave analysis: I still feel that consolidation will continue for now. Technical support will be at 7240 and resistance will be at 7325. Be cautious from long position on newer momentum stocks.

21 May 2014: Nifty Elliott wave analysis: I still feel that consolidation will continue for now. Technical support will be at 7240 and resistance will be at 7325. Be cautious from long position on newer momentum stocks.

You must read previous articles and watch the given chart carefully to understand this article completely. For 21 May 2014: - On 20 May…
20 May 2014: Nifty Elliott wave analysis: Consolidate likely to continue. Technical resistance will be at 7325 and support in the range of 7130 to 7080. Do not jump at higher levels. It may be dull day after higher opening.

20 May 2014: Nifty Elliott wave analysis: Consolidate likely to continue. Technical resistance will be at 7325 and support in the range of 7130 to 7080. Do not jump at higher levels. It may be dull day after higher opening.

You must read previous articles and watch the given chart carefully to understand this article completely. For 20 May 2014: - On 19 M…
19 May 2014: Nifty Elliott wave analysis: Even is over but bullish hangover will continue with consolidation. Technical resistance will be at 7325 and support in the range of 7130 to 7080. Do not jump at higher levels.

19 May 2014: Nifty Elliott wave analysis: Even is over but bullish hangover will continue with consolidation. Technical resistance will be at 7325 and support in the range of 7130 to 7080. Do not jump at higher levels.

You must read previous articles and watch the given chart carefully to understand this article completely. For 16 May 2014: - On 15 May…
16 May 2014: Nifty Elliott wave analysis: Decision day of Indian economy finally came. Keep your figure crosses and pray for result as we expected. If this happens in market favour then we may have another massive up leg. Do not make technical levels.

16 May 2014: Nifty Elliott wave analysis: Decision day of Indian economy finally came. Keep your figure crosses and pray for result as we expected. If this happens in market favour then we may have another massive up leg. Do not make technical levels.

You must read previous articles and watch the given chart carefully to understand this article completely. For 16 May 2014: - On 15 May 2014, F…
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.

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.

You must read previous articles and watch the given chart carefully to understand this article completely. For 15 May 2014: - On 14 May…
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.

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.

You must read previous articles and watch the given chart carefully to understand this article completely. For 14 May 2014: - On 13 May…
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.

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.

You must read previous articles and watch the given chart carefully to understand this article completely. For 13 May 2014: - On 12 May…
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