An Elliott Wave study identified a structural low on the Nifty 50 near the 22,200 level. The index then rose in an impulsive move into the 22,700 resistance area.<\/p>\n
The analysis asks whether Nifty could move towards 22,900 and higher. It outlines the current wave structure, key price levels, and what the next move may look like.<\/p>\n
The video also covers a macro wave outlook for Bitcoin and a developing Elliott Wave setup on MCX Aluminium Futures. It presents the topics as structure, levels, and wave counts, without extra commentary.<\/p>\n
A timeline is included: 00:00 covers the move from 22,362 to 22,700, and 00:58 discusses an expanded wedge and whether history is repeating. 01:12 revisits a March 2025 idea and a TradingView profile page.<\/p>\n
At 01:45, the Nifty chart analysis begins, with a reference to a Twitter handle at 05:07. Bitcoin wave analysis starts at 05:38, and MCX Aluminium futures analysis begins at 06:38.<\/p>\n
The presenter, Abhishek, is described as having over a decade of experience in Elliott Wave Theory.<\/p>\n
We’ve identified a strong bottom for the Nifty 50 near the 22,200 level, and the market reacted with a powerful, impulsive rally right into the 22,700 resistance zone. This move was not a surprise, as the underlying wave structure suggested a sharp rebound was likely. The immediate challenge is to determine if this momentum can carry the index toward 22,900 and beyond in the coming weeks.<\/p>\n
With India’s VIX dropping below 13 and FIIs turning into net buyers with over \u20b93,300 crore in the last week of March 2026, the sentiment supports further upside. This current rally is reminiscent of the expanded wedge pattern we saw break upward in March of last year, suggesting history may be repeating. For derivative traders, this means considering bull call spreads for the April expiry, targeting a move above 22,800 while using the 22,200 mark as a critical stop-loss level.<\/p>\n
Looking at Bitcoin, the macro wave outlook remains constructive following the supply shock of the 2024 halving. With the price consolidating near $115,000 and institutional ETF inflows remaining positive through the first quarter of 2026, dips are seen as buying opportunities. Traders should consider selling out-of-the-money puts on any weakness to collect premium, positioning for the next major leg up in the long-term trend.<\/p>\n
A bullish setup is also forming in MCX Aluminium futures, driven by strong fundamental demand. China\u2019s latest manufacturing PMI reading came in at a solid 51.2, and declining LME warehouse inventories show a tightening supply picture. The ongoing global transition to electric vehicles, which saw sales jump 25% in Q1 2026, continues to fuel demand, making long positions in futures or call options attractive.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Elliott Wave study spots Nifty low near 22,200; targets 22,900, plus Bitcoin and MCX Aluminium.<\/p>\n","protected":false},"author":103,"featured_media":16984,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-46251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/46251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=46251"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/46251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16984"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=46251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=46251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=46251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}