NIFTY RainMaker

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Nifty-rainmaker.blogspot.com news digest

  • 7 years

    AXIS BANK

    AXIS BANK DAILY CHART
    In the middle of January Axis Bank made a Low at 367 and from there on until the end of February it remained in a range which with the benefit of hindsight can now be labelled as Wave 1 & Wave 2 where Wave 2 is deep - more than 80% and complex in...

  • 9 years

    RCOM; UPDATE

    RCOM DAILY CHART
    If some body is interested in RCOM here is the latest update.
    Refer my earlier post here:  RCOM: An Elliot Wave Analysis

  • 9 years

    NIFTY

    It is said that over the period of time 'Mass Psychology' remains the same.  Group of people at  different places behave in the same manner  repeatedly.
    Attached is a Chart which I cam across going through my study material  taken  from the web some time back.  The astonishing similarity with the NIFTY movement which we are witnessing these days caught my eyes....

  • 9 years

    NIFTY: WE ARE STILL IN WAVE 3

    NIFTY ELLIOT WAVE CHART
    I am sticking to my count which I had given some time in Aug 2013 as nothing has changed in the hypothesis. Therefore, following is the continuation of the same argument.
    Wave 1 started from the low of 4531.15 on 20/12/2011 which took the shape of a Leading Diagonal and ended at 6229.45 and followed by a simple wave 2 correction which corrected 61.8% and made a low of 5119 on 28/08/2013 which marks the beginning of the...

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Updated: June 29, 2023
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