>Nifty premarket 27th june

Hi friends,
                   Yesterdays expectation was sideways to negative market which we witnessed whole day ,Wavewise we did a abc from 25th high so expecting a intrday rally as had shown in yesterdays chart too after finishing abc.Resistance to watch would be 5670-5700 if its taken out we should have a very strong expiry else we should see 5670 -5700 as intrahigh and come back

.
Happy trading...

>Nifty premarket june 26

Hi friends,
                  Further from yesterdays post b of Z is happening expecting a abc for b to finish .
and then a rise towards 5700+ to finish c .Today can be a sideways to negative market .

Happy trading..

>Nifty june expiry

Hi friends,
                   As discussed in last post i m expecting wxyxz from top so we are in z wave .Yesterday a of z finished so expecting a sideways uppish move for next few days.
the structure is shown below with wave count.

Happy trading..

>Nifty elliotwave analysis

Hi friends,
                  The correction from the top looks like a 5 down but of corrective nature tripple zigzag
wxyxz with z in formation.

would expect nifty to be sideways to uppish for a day or 2 before falling again to make final drop of z. There could be a chance that Z is already finished near fridays low that would be confirmed if nifty trades above 5800.

>Nifty premarket 19th june

Hi friends,
                   Nifty expectation was 5850 should not cross yesterday and it should go sideways to down after that ,Nifty did the same now we are near 5800 support lies at 5780 below that 5760.till 5760 is held a upward push chances are bright.

Happy trading..

>Nifty premarket 18th june

Hi friends,
                   Yesterdays expectation was nifty was at rsistance a retest of support before rise.
Nifty fell to 5770 support given was 5760  and then rose to the resistance of the day 5850 same resistance was given.
Now on a lower time frame we can see a clear 5 up ,So a sideways to downside momentum can be seen if 5850 is not crossed today

support comes at 5780-5790 .

Happy trading..

>Nifty premarket 17th june

Hi friends.
                  Expectation for nifty was a test of 5600+-50 and then rise.Nifty went till 5680 and rose to 5800,Now nifty is on resistance ie 5820 today being policy day volatility can go real high.I expect nifty to test 5850 or 5950 then start one more dump towards 5550-5500.

Todays support  5760 resistance 5820 Lets see todays volatility and would refine the numbers more precisely.

Happy trading..

>Nifty premarket 14th june

Hi friends,
                   Nifty reaching support band of 5600+-50 though midcaps butchering continues.
keep stoploss for your shorts 5760 is resistance .

expect a rise from support zone.

Happy trading..

>Nifty bullish and bearish count

Hi friends,
                  I would discuss a bullish and a bearish count for nifty .
Most of Ellioticians would agree when i say we doing a abcde and we are in e wave

 now the difference can arise whether e is done or a of e is done and b running with c pending.
The yellow gives bearish move and blue gives bullish move.I would prefer bearish count which says we take support near 5600+-50 and rise towards 6000 before next down leg .
Any how both counts suggest rise after some more fall 5600 is good support lets see nifty reaction there.

Happy trading.. 

>Nifty premarket 12th june

Hi friends,
                    Nifty fall continues and we are witnessing continuous abc,s after short intervals which shows no strength in nifty as yet next major support lies near 5600 and we look set to touch that after some updown move .

A steep lower top channel is still not violated which again shows induced weakness.
Happy trading...

>Nifty elliottwave analysis

Hi friends,
                  Last month  on 23rd may nifty 23rd may  had told about a significant top at 6200+ when the clamor was high for 6400,6500 etc,There were very few takers but today near 5800 many have woken up to the reality,This market is not the normal bull or bear market many seasoned investors or traders would have understood this nifty remained near all time high but mid caps and selected large caps went even below 2008 lows,Nifty got strength due to ITC,HDFC and HDFC bank scaling new highs whereas mid caps kept on getting butchered.
Looking at the present structure and the way stocks react to moves,I can figure out that nifty could be in for making a ending diagonal ,You see whenever a upwave starts it looks like it would go on and on but then it abruptly ends and starts a down move which again looks like would not stop and abruptly again starts to move up.Keep reading blog would post the long term view in sometime waiting for a big confirmation for the wave count.

Happy trading..

>Nifty premarket 11th june..

Hi friends..
                    Yesterday expectation was that in D wave we would make a wxy but it seems D ended at 5972 only so now nifty should target 5850-5800.Lets see the move .

Happy trading..

>Nifty premarket 10th june

Hi friends,
                  Fridays expectation was a retest towards 5900 and rally towards 6000 ,Nifty followed the flow but overshooted the downside target.
friday move completed one abc looking at structure after abc it looks like we making an x wave so probably we would do a wxy if Thursdays low holds.

if low of thrusday ie 5869 gets violated we would be targeting 5800.wxy is the preferred view.

Happy trading..

>Nifty 07th june

Hi Friends,
                   Nifty took support in 5900-5880 range and attempted 5950 twice now if 5900 holds we would head higher for next few days .
Wavewise we have finished small 5 up from yesterdays low today can be some consolidation followed by rise.

The d wave target is reducing daily as nifty dragged down a bit and took time now the trendline comes near 6000.

Happy trading..

>Nifty elliottwave analysis

Hi friends,
                  nifty after testing 5900 rose back to 5950 but today broke 5900 and went to test 5880.
in the due course its getting squeezed more and more ,above 5950 it would be a upmove confirmation.Should take it easy till then.

The squeezed structure is shown above..

>Nifty premarket 5th june

Hi friends,
                   Yesterday pre market was not updated was away.The expected chart is made ,I am anticipating an abc is finishing near 5900 and a d can start towards 6050 .
5900-5880 is the support zone and a rise is expected there.

lets us see the nifty structure today and tomorrow to further anticipate the picture

Happy trading..

>Nifty premarket 3rd june

Hi friends,
                   Fridays expectation was if 6132 is not taken we would test 6060 ,Yes we tested 6060 rather went much below that 5976 low for the day.Today expecting a feeble bounce which can get strong only above 6033 .On the downside if 6033 is not crossed we can go towards 5930-5900.
Counting of wave would do after little more confirmation.

Happy trading..