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Bank Nifty can Decline by 450-700 Points Before 26431

Bank Nifty can Decline by 450-700 Points Before 26431

| November 16, 2018

Bank Nifty opened higher at 26205, bounced further to registered day’s high 26332 but declined back again to register day’s low 26122 and finally closed 90 points up at 26245. Friday, there was possibility of a small or big correction very soon. A minimum 600-900 points correction was expected without breaking higher above 26389. Otherwise, […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 15 November 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 15 November 2018 Onward

| November 15, 2018

Bank Nifty opened gap up at 25952, declined sharply just after opening to registered low 25814 and bounced back to registered day’s high 26045 but declined back again to register day’s fresh low 25806 and finally closed 161 points up at 25930. Overall it was up down swing move. Yesterday, bounce towards 25910-26236 was expected […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 12 November 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 12 November 2018 Onward

| November 11, 2018

Bank Nifty opened flat at 25742, traded in 25598-25822 range rest of the day and finally closed 33 points up at 25771. Friday, 25542-25348 was the immediate support and Bank Nifty was expected to bounce further above 25857, may be towards 26000-26200 in coming days. Otherwise, 25348 was the immediate breakeven point on downside and […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 29 October 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 29 October 2018 Onward

| October 28, 2018

Bank Nifty opened lower at 24771, decline further after opening by more than 400 points to register day’s low 24353 and finally closed 396 points down at 24421. Friday, 24860 was immediate breakeven point on upside. Bank Nifty was expected to bounce further towards 25127-25356 if breaks and manage to trade above 24860 continually for […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 October 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 October 2018 Onward

| October 11, 2018

Bank Nifty opened higher at 24596, registered low 24559 and bounced back again by more than 800 points to register day’s high 25371 and finally closed 794 points up at 25321. Yesterday, there was a possibility of Irregular Correction at top and Bank Nifty was expected to give one more bounce above 24759. Further, Bank […]

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Elliott Wave Analysis of Bank Nifty on All Time Frame Charts dated 08 October 2018

Elliott Wave Analysis of Bank Nifty on All Time Frame Charts dated 08 October 2018

| October 7, 2018

Bank Nifty declined by more than 4000 points within last 1 month (From 28-Aug-2018 to 05-Oct-2018) and decline is very sharp. Bank Nifty declined from all time high 28388 and registered low 24250 till now. And it has been 06 months before I had prepared my last analysis report on all time frames. So, this […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 01 October 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 01 October 2018 Onward

| September 30, 2018

Bank Nifty opened higher at 25135, traded in 24919-25354 range for rest of the day with volatile swings and finally closed 77 points up at 25119. Friday, 25173 was the immediate breakeven point on upside and Bank Nifty was expected to bounce towards 25452-25525 if breaks and trade above 25173 continuously for 15 minutes. Trading […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 24 September 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 24 September 2018 Onward

| September 23, 2018

Bank Nifty opened higher at 26331, bounced to register day’s high 26490 but didn’t sustain at higher and declined back sharply by more than 1400 points to register day’s low 25053 followed by sharp bounce till 26034 and finally closed 680 points down at 25596. Overall, it’s very volatile move with up-down swing. Overall, Bank […]

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Bank Nifty can touches 28000-28388 range before 27th September 2018 Expiry

Bank Nifty can touches 28000-28388 range before 27th September 2018 Expiry

| September 17, 2018

Bank Nifty opened gap down at 27002, declined sharply just after opening by more than 250 points to registers day’s low 26743 and finally closed 343 points down at 26820. Yesterday, there was a possibility of sharp move either towards 27552 (start of extended wave [5]) or towards 26555 (earlier low) in short term and […]

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Further Elliott Wave Updates of Bank Nifty for 12 Sep 2018 Onward

Further Elliott Wave Updates of Bank Nifty for 12 Sep 2018 Onward

| September 12, 2018

Bank Nifty opened higher at 27295, registers day’s high 27318 but didn’t sustain at higher and declined back again by more than 450 points to register day’s low 26772 and finally closed 394 points down at 26807. Yesterday, 27534 was immediate resistance on upside and 27073-26778 was the normal support range on downside from where […]

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