Monday 7 April 2014

Nifty and Bank Nifty Elliot wave count

Nifty



The impulsive wave started from 5933 finished at 6777. Break of red channel will take nifty to first major support of 6560 below which Nifty can target 6500. 


Bank Nifty



Impulsive wave started from 9944 in bank nifty finished at recent top. Bank nifty is heading towards its major support of 12285, break of same will be initial sign of larger correction. 

Happy trading :) 

Regards, 
Sumit

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.




4 comments:

  1. sir, please post elliot wave count on nifty and bank nifty on daily chart. pl. show the waves and fractals in detail. thank you

    ReplyDelete
  2. Dear Arpit,


    I would like to contact you..
    please your details @ excelcorporateindia@gmail.com

    ReplyDelete
  3. no counts?

    waiting for market clearing, no no waiting for sort

    ReplyDelete