Intraday Trading Using Elliot Wave

Nifty Futures Profit for 15th April 2011.

Elliot Wave Method

As per the elliot wave method, below calls were generated.
Go Short at / below 5947.6. Stoploss at 5953.54. Target 1 is 5825.88.
Go Short at / below 5901.11. Stoploss at 5953.54. Target 2 is 5805.4.

As per the above recommendation, short triggered at 5901. Target 5825 achieved. Low made was 5820.

So profit = 5901-5825 = 76 points.

Profit of 3500+ with one lot of Nifty

buy jayprakesh asso. sl 95.4
or KANORICHEM Buy with stop loss at 36 for the target of 48 and above.
PHARMA Stocks----- Buy on lower levels

So Radha, what do elliot waves say about tomorrow, 18th april 11 ??

For 18th April,
Go Long at / above 5820.7. Keep Stoploss at 5814.87. Target 1 is 5860.08.
Go Long at / above 5835.75. Keep Stoploss at 5814.87. Target 2 is 5885.85.
Go Long at / above 5854.82. Keep Stoploss at 5835.75. Target 3 is 5918.54.

Even today, buy triggered at 5835 today. Then Target 2 and target 3 got achieved.

hi,
what about nifty on 20-4-2011

Very Nice and helpful. Thanks @radha55