November 9, 2015

Elliott Wave Outlook of Nifty after Bihar Election Results

Elliott Wave Outlook of Nifty after Bihar Election Results

 | November 8, 2015
Nifty opened flat on Friday at 7956 and bounced suddenly till 8000 but failed to sustain at higher levels and declined to 7927 followed by range bound consolidation between 7980-7926 before closing flat at 7954. Nifty didn’t enter our buying range of 7906-7892 as low was 7926. Let’s have a fresh look on latest charts for further scenario.
Today I am covering wave counts from last week high 8336 and read my previous report Most Probable Elliott Wave Counts of Nifty as on 02 Nov 2015 for previous wave counts.

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