Nifty & Bank Nifty All time frame analysis for 12apr 2021 onwardNifty & Bank Nifty All time frame analysis for 12apr 2021 onward
Niftyelliottwave
Nifty Elliott wave update for 30march 2021 onwardFrom 15431 it seems like a complex correction is going on where,
15431-14467 1st abc
14467-15336 link wave(X) as double zigzag
15336-14264 2nd abc
At 14573 nifty completed double zigzag correction.
Now trading above 14500 is a positive sign for nifty and it may go for new high unless this correction will turn into triple zigzag correction.
Nifty Elliott wave analysis for 10feb 2021 onwardFrom 13596 wave (i), (ii) and (iii) is completed at 13773, 13778 and 15257.
there is a confusion if wave (3) or (5) is completed at 15257 so we have to depend on the breakeven point which is coming at 14692.
So 14908-14692 will be support range as of now but if nifty trades below 14692 then its a negative sign.
Nifty & Banknifty elliott wave analysis for 3feb 2021 onwardNifty & Banknifty elliott wave analysis for 3feb 2021 onward
Nifty Elliott wave analysis for Budget day(1st feb 2021)Nifty Elliott wave analysis for Budget day(1st feb 2021)
Nifty elliott wave update for 1feb 2021From 14753 it seems impulsive decline is going on and wave and is completed at 14371 and 14491 respectively.
from 14491 wave (1), (2), (3) and (4) is completed at 14260, 14438, 13713 and 13966 respectively and from 13966 wave (5) is started.
minimum projection of wave (5) is already achieved at 13669 and 61% is coming at 13486.
for exact completion range we need to see decline from 13966 in 5min chart.
Nifty initial target achievedAs expected in our last video extended wave 5 started from 13953 retraced 100% in quick time.
Video link given below.
Nifty & Bank Nifty elliott wave analysis for 25th jan onwardIs Bigger decline possible ????
Nifty & Bank Nifty elliott wave analysis for 25th jan onward
Nifty Elliott wave update for 12jan 2021Nifty is still in positive zone as long as trades above 14343.
14395-14343 is immediate support range.
NIfty Elliott wave analysis for 11th jan 2021 onwardNifty Elliott wave analysis for 11th jan 2021 onward is explained in detail.
Nifty Elliott wave update for 8jan 2021(v of ED) would be complete above 14275 and maximum range is 14340-14391.
And if nifty decline from here below lower wedge line then we have check again for support range and breakeven point in 1hour chart.
Kindly look at the daily chart idea also. link is given below
Nifty Elliott wave analysis of 30min chart for 4jan 2021 onwardRetracement from 13967-13864 is not even 23% of wave iii that is why there is a point of confusion if wave v is started from 13864 OR wave iv decline is still pending.
Overall scenario:
(1) If nifty decline from here then 13847-13722 is support range and 13722 is trend reversal point.
(2) If wave iv is completed at 13864 then 14184-14381 is wave v projection range.
Nifty Elliott wave analysis on daily chart for 4jan 2021 onwardIn this daily chart it seems wave (1), (2), (3) and (4) is completed and wave (5) is in progress from 10790. 38% and 61% projection of wave (5) is already achieved so its in extended zone.
Maximum level 100% is coming at 15096 which is rare case.
From 10790 wave (i), (ii), (iii) and (iv) is completed and projection of wave (v) is coming at 14272-14977 range and from there we can see bigger decline if we are right at identifying pattern.
Nifty 15min chart Elliott wave analysis shows TOP is NEARNifty 15min chart suggest from 13402 wave 1, 2, 3 are completed at 13597, 13447, and 13773 respectively. If wave 4 also completed at 13658 then wave 5 projection range is 13800-13887 but if wave 4 is still running then 13696-13648 is support range in which wave 4 can complete and then 5 will start.
Nifty will be negative if trades below 13648.
Overall 13800-13887 can be reversal range for nifty.
NIfty 30min chart indicates Limited upside as of now.Nifty already achieved its minimum projection. Now we need to see the bounce from 13402 to find out reversal range.
Nifty Elliott wave analysis of 30min chart for 14dec2020 onwardIn this 30min chart wave v started from 12790 is in progress in which wave (i), (ii), (iii) and (iv) is may be completed and wave (v) has started from 13402. 13704-13890 is projection range for wave (v).
13422-13325 is an immediate support range which was retracement range of wave (iv). Nifty negative only below 13325.
Nifty Elliott wave count of 2 hour chart for 14Dec onwardIn this 2hour chart from 10790 wave (a or i) and wave (b or ii) is completed at 12025 and 11535 respectively. In (c or iii) wave i, ii, iii and iv is completed and wave v is also achieved its minimum projection of 38% and 61% is coming at 13785.
13097-12798 is an immediate support range as of now.
Nifty Elliott wave analysis for 7Dec 2020 onwardWave (5) started from 10790 is looks like a three wave move as of now. wave (c or iii) started from 11535 achieved 100% and 123% while 161% is coming at 13534.
12868-12613 is immediate support range and nifty is positive as long as trading above 12613. Nifty turns negative only if trades below 12613.
Nifty Elliott wave analysis for 1st Dec 2020 onwardIn hourly chart it seems wave (c or iii) is still running from 11535 and from 11535 wave (i), (ii) and (iii) is completed at 11921, 11756 and 13146 respectively and wave (iv) is completed at 12790 or still running and wave (v) is still pending.
So overall nifty is positive as long as trading above 12530.
projection of wave (v) is coming at 13405-13785 range from 12790.
