Category Archives: Nifty Elliot Wave

Nifty Weekly Analysis for May F&O Expiry Week

By | May 24, 2015

Last week we gave Chopad Levels  of 8286 , Nifty did  3 target on upside  rewarded Chopad followers .   Lets analyze how to trade market in May F&O Expiry week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8424  is not broken hourly  trend remains on upside.Resistance… Read More »

Nifty forms 2 Weekly Doji, ready for explosive move Weekly Forecast

By | May 17, 2015

Last week we gave Chopad Levels  of 8221 , Nifty did 1  target on downside  and 1 target on upside  rewarded Chopad followers on both sides.   Lets analyze how to trade market in coming week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8200  is not broken… Read More »

Bank Nifty ready for range expansion, Weekly Analysis

By | May 17, 2015

Last week we gave the Chopad level of 17906  Bank Nifty achieved 1 target on downside and 1 target on upside  rewarding discipline chopad followers .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty entered in demand zone and saw a strong bounceback. Till Holding below  21/34 EMA @bears  have upper hand.Any… Read More »

Nifty forms Weekly Doji, Is Bottom in place Weekly Forecast

By | May 10, 2015

Last week we gave Chopad Levels  of 8221 , Nifty did 2  target on downside  and 2 target on upside  rewarded Chopad followers on both sides.  Few readers have raised a flag stating i give both side views, hope last week move have answered their question why we need to be prepared with both side… Read More »

Will Sell in May and Go away hold true, Weekly Analysis

By | May 2, 2015

Last week we gave Chopad Levels  of 8286 , Nifty did 2  target on downside and rewarded Chopad followers.  Lets analyze how to trade market in coming expiry week. Nifty Hourly Chart Nifty Hourly charts has broken on downside and below  its 21/34 EMA, till 8309  is not broken trend remains on downside. We are… Read More »

Nifty shows trend reversal or dead cat bounce, FII FnO Data Analysis

By | March 30, 2015

FII’s sold 16 K contract of Index Future worth 227 cores,12.7 K Long contract were squared off by FII’s and 3.3 K short contracts  were added by FII’s. Net Open Interest decreased  by 9.3 K contract. Nifty after 7 days of decline showed a rise of 150 points, Nifty closed above the last swing low of 8470… Read More »

Nifty March Expiry Analysis

By | March 25, 2015

FII’s sold 64.3 K contract of Index Future worth 1386 cores,46.1  K Long contract were squared off by FII’s and 18.1 K short contracts  were added  by FII’s. Net Open Interest decreased  by 28 K contract. Nifty closed near its 100 DMA and near trendline support. As per Pyrapoint Analysis Nifty is trading near its 180 degree… Read More »

Nifty ready for Big move, FII FnO Data Analysis

By | January 9, 2015

FII’s sold 6.1 K contract of Index Future worth 62 cores, 17.3 K Long contract were squared off  by FII’s and 11.1 K  short contracts  were added  by FII’s. Net Open Interest decreased  by 28.4 K contract ,so FII’s squared off  both long  shorts in Index futures. This is what we discussed yesterday Now expect another gap… Read More »