Thursday, June 20, 2019

Simple trend line to watch

Any move above trend line will be strong up trend, but this trend line will most likely remain resistance to cross above TL.

>>> Click the chart to enlarge <<

Chart nifty 4 hour

NIFTY

Tuesday, May 28, 2019

BankNifty Chart Alert!!!

BankNifty in range

Banknifty



Friday, May 24, 2019

Nifty Technical update



Nifty after a nice swing up towards 12041 nifty started to decline. Here is a chart showing why nifty reversed from such level and how bollinger band resisted  nifty at upper band. Gap in nifty is important to watch as support at 11592. If close below  11592 more weakness may come.

  

Saturday, March 30, 2019

Banknifty Update

Change in Trend Indication

Bank nifty 60Min chart
Banknifty
Bank nifty showing -ve divergence on macd and rsi showing the change in trend

Chart Alert!


Tuesday, March 26, 2019

Nifty update

Where will Nifty Go?

Nifty retraced almost  .382 ( fibo number) of wave 3.
last updated wave count : http://niftyelliottwave.blogspot.com/2019/03/nifty-elliott-wave-update.html

NIfty

Stay connected for next Update 

Saturday, March 23, 2019

Friday, March 1, 2019

Nifty Elliott wave

Lazy baba move can be actionable soon!

NIfty Elliott wave

be ready!!! 

Thursday, February 14, 2019

Tuesday, April 11, 2017

NIFTY IT

Nifty IT index fail to perform comparing to Nifty, Banknifty and many others.

Many newspaper highlights shows end of growth for IT and Pharma company.

But looking at NIFTY IT chart we can see falling Channel line, here many IT stock showing similar pattern and all set for next degree 

Here is a Cognizant Technology Solutions Corp


10 year chart



5 year chart

See the elliott wave degree 



                                 see what NIFTY IT shows 

NIfty IT



                                  Similar story across globe 

                                                       >> click on chart for zoom view <<


Monday, March 20, 2017

NIFTY ELLIOTT WAVE


NIFTY ELLIOTT WAVE UPDATE : 20.03.2017.


NIFTY


CHART TIME FRAME : 60 MINUTE

WAVE START POINT : 8860 

LAST WAVE FOLDING : WAVE 3

CURRENT WAVE : WAVE 4

FORECAST WAVE : AFTER FOLD OF WAVE 4, UP FOR WAVE 5 FINAL ADVANCE

INVALIDATION POINT: 8976 

ALTERNATIVE WAVE COUNT NOTE : ( WILL BE UPDATED AFTER INVALIDATION POINT) 

Friday, March 3, 2017

Friday, January 13, 2017

Nifty Update

#nifty

Nifty weekly chart

NIFTY

After a 8 week nifty  Range move above it's higher range of 8300. Nifty signals change in trend.