I have uploaded the Nifty Elliott wave study, and it has reached the first target of 18164. The trader can trade pullbacks on the nifty. As per the rule of the channel, Parallel channel B can provide support to the price. After the pullback, If the price is not giving any reversal signal, it's better to stay beside the market. If the price tries to fill...
Nifty is forming corrective wave 4 of wave ((5)) Nifty has made a high at 18604 and started falling due to conclude of wave 3. It has broken the base channel due to high selling pressure on Nifty. The following terms confirm the nifty pullback. A. The common Fibonacci retracement of wave 4 is 38.2%. Nifty has entered the 38.2% retracement level. It seems like...
Nifty was heaving correction in previous weeks. Now, It looks like it has completed corrective structure and marching upward. If you are following my daily outlooks, you can understand these charts easily. If the price is about to change the direction, It will make an initiative then confirm it. Nifty will confirm its bull trend by breaking wave B at 18350. In...
This week nifty may break 18350, and this level will increase high buying pressure. The above chart shows that nifty seems price is forming a leading diagonal. Moreover, wave 5 is the ending point of the leading diagonal. And completion of wave 'i' the wave 'ii' will take place. The wave 'ii' is corrective. So the day traders can initiate buy position there....
Intraday & Short-term outlook of Nifty 50: Nifty has completed motive wave (iii) at 17792 . Wave (iv) is forming and, it can have a common retracement of 38.2% . The nifty trader can see the following targets: Target 1: 17425 Target 2: 17270 Target 3: 17169 According to the rule of corrective wave, it remains under the channel. And the impulsive wave...
In this video I have discussed important support range for Nifty and Bank nifty in 15min chart for monday. for better understanding kindly watch video. Thank You
From 17326 (a or i) and (b or ii) is completed at 17610 and 17524 respectively. wave (c or iii) started from 17524 has already achieved minimum projection of 100%. Now 17768-17721 is an immediate support range for Nifty. If trades below 17721 then only negative.
Nifty is on the corrective structure. Wave (x) of the double zigzag is near to complete Wave (Y) has the potential to give a short entry for the following targets : Target 1:17426 Target 2:17328 Target 3:17260 Further information I will update you soon. Stay connected!
Nifty closed below 17593 which is immediate breakeven point for downside. In this video I have explained latest Elliott wave counts from daily chart to 5min chart. Kindly watch video for better understanding. Thanks for watching
Nifty broken all the resistance levels which we have mentioned in our last update. Updated Elliott wave analysis explained in this video. so kindly watch video carefully. Thanks for watching
In this 45min chart impulse wave started from 15513 wave (1), (2), (3) and (4) is completed at 15817, 15746, 16702 and 16376 respectively. from 16376 61% projection of wave (5) is already achieved and it is in extended zone. After completion of wave (v) started from 17055 nifty can give sharp decline towards 16376.
looks like nifty is ready to top out expecting a final push up towards my marked prices somewhere around october to complete wave 5 from covid lows which is wave 5 of higher degree from 2008 lows and cycle wave 3 . After that expecting a bottom in my white box around Q3 2022. #NFA
16645-16597 is the immediate support range for nifty as discussed in the video. Nifty if trades below 16597 then only negative. For better understanding kindly watch the video. Thanks
In this 15min chart currently nifty is in support range and it will hold this range then wave v targets are given in chart. And If nifty breaks and trades below 16591 then next support range is coming at 16476-16336 which we have discussed in 30min chart of our recent video ideas. Thanks
In this Nifty Elliott wave analysis video I have discussed nifty targets and down side breakeven points with detail explanation of wave count. kindly watch video. Thanks
In this Nifty Analysis video I have discussed important levels and breakeven points for nifty for 25Aug 2021. kindly watch video. Thanks
Here in this video I have discussed important levels of Nifty in 30min and 5min chart. kindly watch video for better understanding. Thanks
In this video we have discussed All time frame from Monthly chart to 30min chart. And Nifty is already made a Top or will make it soon. for better understanding kindly watch full video. Thanks