Elliott Wave View favoring more upside in NIFTY

NIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in progress as a zigzag Elliott Wave structure. Intermediate Wave (A) ended at 10774.7 as 5 waves impulse Elliott Wave structure and Intermediate wave (B) ended at 10487.13 low.

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Nifty Elliott Wave Analysis: Rallying Higher as Impulse

Nifty Elliott wave analysis suggests that the rally to 11171.55 high ended primary wave ((3)). Down from there, the decline to 9951.9 low ended primary wave ((4)) pullback.

Nifty Elliott Wave View Showing Perfect 5 Waves Advance

NIFTY is trading in the powerful super cycle degree wave ((III) and should have further upside in the next few years. The rally started at 2009 low and

Nifty Elliott wave view 7.14.2017

Short term NIFTY Elliott Wave view suggests the rally to 9709.3 ended Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). Rally from there

NIFTY Elliott Wave View: Resuming Higher

Short term NIFTY Elliott Wave view suggests the rally to 9709.3 ended Intermediate wave (1), and the pullback to 9449.06 low ended Intermediate wave (2). Intermediate wave (3)

NIFTY Elliott Wave View: More Upside

Short term NIFTY Elliott Wave view suggests the pullback to 9449.06 low on 6/30 ended Intermediate wave (2). Up from there, rally is unfolding as an Elliott wave

Are the World Indexes close to a Huge peak?

Since the correction between the year 2000 and 2009, many traders around the world have developed an idea of bearish World Indexes with more downside to come. With