Tuesday, March 31, 2015

Nifty Update (31-03-15)

Technical said, Pullback till 8500-8550. Nifty hit 8550 level then again start pullback of pullback & hold 8450. Very interesting point is Nifty close above 8467 (Last Major Support). So, we can expect pullback may extend till 8630 at least with SL 8450.

   

Sunday, March 29, 2015

Nifty Update (29-03-15)

Technical said, 8467 is major... Panic start on expiry day when Nifty breach 8467 & take support on 8269. Now expecting a pullback for minimum target 8500-8550 then 200 DMA level 8000-8100 for target Wave A of Wave 4 by current assumption.


Thursday, March 26, 2015

Nifty Update (26-03-15)

Be Alert : Nifty near major support 8467, We may see Deep Cut up to 200 DMA or below. I'm expecting 3rd wave seen complete & we are in 4th wave, which target could be 7500 as 50% retracement of wave 3.

   

Sunday, March 15, 2015

Nifty Update (16-03-15)

Support for Nifty seen 8592/8467 & Daily Chart's Elliott Counts are indicating one more high possible (9300-9400) for Wave 5. Below 8467, we may see deep cut for 8135 (200 DMA) at least. 



Thursday, March 12, 2015

Nifty Update (12-03-15)

Nifty close above 8770, Target seen 8950 by Hourly Chart



Tuesday, March 10, 2015

Nifty Update (10-03-15)

Nifty below important trendline, 8470 possible in coming days...