Monday, January 16, 2017

NIFTY - VIDEO ANALYSIS

Hi Friends,

This is my 1st video Analysis on Nifty. In this video I'm discussing about the Long Term as well as Short Term Trend in Nifty based on Elliott Wave Principle. As we are now back in Bull Market I'm Forecasting  a Target of 11,300 by year end 2017. Also discussed short term Support and Target for month of January 2017.

For Detailed Analysis & Charts watch the Video.


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Nifty traded dull for the Thursday and settled marginally higher, in absence of any major trigger. Again, it was stock specific move which helped traders to some extent.NIFTY TRADING TIPS

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The benchmark indices on Thursday settled higher thanks to gains in index heavyweight stocks such as ITC, Tata Motors and Infosys even as Asian markets ended lower after Fed Chair Janet Yellen signalled at future rate hikes in US.

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Equity benchmarks as well as broader markets closed range bound session higher for second consecutive session Thursday as investors preferred to stay on sidelines ahead of corporate earnings and Union Budget.

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