Tuesday, October 28, 2014

Frequently Asked Questions about Elliott's Wave Theory

I received many questions in my inbox asking about Elliott Wave Theory and my book "Practical Application of Elliott's Wave Principles" and most of the questions are same. As, I can't answer every questions one by one, I answered some of these question on this webpage and will answer more when I will get. Visit Frequently Asked Questions About Elliott Wave Theory

Monday, October 27, 2014

DAX Live by Atul

India vix by Abhishek Mittal

What does Indiavix have to say about the current rally?Well looking at charts we see till we are below 17.10 chances for a move below 10 look bright which means that the current upmove seems healthy. 

Sunday, October 26, 2014

Vip ind by Abhishek Mittal

This call is only for traders who can afford risk i feel that vip is in a third wave in hourly.I also xpect an extended fifth in the higher degree charts.Buy above 120 n u can land up to evn 150-170 levels.But this trade is a high risk.Use strict stoplosses and money management.

RCOM by Abhishek Mittal

Rcom had been underperforming after a stellar rally from 40 to around 160.According to EW theory one can look to buy it once it completes the current leg on the downside.

Saturday, October 25, 2014

Motilal Ofs by Abhishek Mittal

Motilal oswal(NSE:MOTILALOFS)Stock after declaring upbeat q2 results has corrected in the past 2 days.Applying elliot waves to this shows the real strength in this and the reason for correction post results.Should we buy this dip?Well check out yourself in the chart plotted.

Wednesday, October 22, 2014


Tuesday, October 21, 2014

Elliott Wave Analysis by Deepak Kumar, Nifty can show 8380 before 7723

Total move from start 7118 to end of wave 3 (8180) is 1062 points. Wave (3) is just 110% of wave 1, thus we can expect wave (5) as extended that can go at least 61% of total move from 0 to 3. If we add 61% of 1062 at 7724 then we get the level of 8380. Thus, we can expect minimum target of 8380 for last wave 5 as (ABC) as it is 5th wave of Ending Diagonal. But last wave (5) of 5 has to go at least above wave (3) (8180) to avoid 5th failure.

Full Analysis Report of Nifty Here...

Monday, October 20, 2014

Elliott Wave Analysis of Nifty for Long Term, Medium Term and Short Term

This is Elliott Wave Analysis of Nifty for all time frame on Monthly, Weekly, Daily, Hourly and 30 minutes chart showing road map for near term. Complete and Detailed  Elliott Wave Analysis Report of Nifty here..

Friday, October 17, 2014