Vinod Sharma

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Overall outlook of Sun TV Network Ltd (SUTV) based on Elliott Wave Analysis

Overall outlook of Sun TV Network Ltd (SUTV) based on Elliott Wave Analysis

| August 15, 2018

Sun TV Network ltd (SUTV) listed in 2006 but it registered its life time low 122 in November 2008, so its major wave cycle started from 122. This stock consolidated in 548-214 range for 01 year [2010 to 2011] but bounced sharply by more than 400% and registered its life time high 1098 in January […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 13 August 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 13 August 2018 Onward

| August 12, 2018

Bank Nifty opened flat at 28348, declined sharply just after opening to register low 28132 and bounced back again by more than 200 points to register new all time high 28378 but didn’t sustain at higher and declined back again to register day’s fresh low 28087 and finally closed 195 points down at 28124. Friday, […]

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ICICI Bank Ltd (ICBK) has Good Potential for Long Term Investment

ICICI Bank Ltd (ICBK) has Good Potential for Long Term Investment

| August 7, 2018

ICICI Bank Ltd (ICBK) is the stock which started its journey from low 03 [traded in price 03-43 from January 1999-2001) and bounced sharply by more than 600% after 2001 to register high 264 in 2008. Later, this stock corrected by more than 80% from 264-46 and bounced back again to register its fresh all […]

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Further Elliott Wave Analysis updates of Bank Nifty for 06 August 2018 onward

Further Elliott Wave Analysis updates of Bank Nifty for 06 August 2018 onward

| August 5, 2018

Bank Nifty opened gap up at 27471, registers low 27448 and bounced back again by more than 350 to register day’s high 27723 and finally closed 339 points up at 27695. Friday, bounce for new all time high was expected either from present level or from 27292-27151 range with 27124 was pattern negation on downside. […]

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Bank Nifty can give one more Bounce of 350-500 points soon

Bank Nifty can give one more Bounce of 350-500 points soon

| July 28, 2018

Bank Nifty opened higher at 27497, registers low 27455 but bounced back again by more than 150 points to register new all time high 27661 and finally close 228 points up at 27634. Friday, I had mentioned that Bank Nifty is still in positive zone because pattern doesn’t seem completed yet and 27313-27230 was immediate […]

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Bank Nifty can bounce sharply towards 27187-27591 in coming days

Bank Nifty can bounce sharply towards 27187-27591 in coming days

| July 19, 2018

Bank Nifty opened higher at 27107, bounced further to register day’s high 27187 but failed to sustain at higher levels and decline by more than 350 points to register day’s low 26834 and close 127 points down at 26880. Yesterday, one more bounce for 27164 and above was expected with 26928 as breakeven point.  Trading […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 July 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 July 2018 Onward

| July 15, 2018

Bank Nifty opened flat at 27046 and traded 200 point range between 26902-27102 with up down swings and finally closed 90 points down at 26935. Friday, I had mentioned that 26769 was good support on downside and 27300-27359 was good resistance on upside and Bank Nifty can give minimum 200-300 points decline without breaking higher […]

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Further Elliott Wave Analysis updates of Bank Nifty for 03 July 2018 onward

Further Elliott Wave Analysis updates of Bank Nifty for 03 July 2018 onward

| July 2, 2018

Bank Nifty opened flat at 26364, registered high 26371 and declined by more than 250 points to register low 26060 but bounced back again by more than 200 points till 26292 and finally closed 133 points down at 26230. Yesterday, 26310-26277 was the immediate support range on downside with 26161 as pattern negation point and […]

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Elliott Wave Analysis Report of Bank Nifty for June 2018 Expiry

Elliott Wave Analysis Report of Bank Nifty for June 2018 Expiry

| June 28, 2018

Bank Nifty opened flat at 26616, declined just after opening by more than 250 points to register day’s low 26336 and finally closed 178 points down at 26423. Yesterday, Bank Nifty was expected to bounce towards 26712 and above with 26546 as pattern negation point. Otherwise, there was a possibility of decline towards 26364-26224-26069 if […]

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Bank Nifty can bounce above 27164 in coming days

Bank Nifty can bounce above 27164 in coming days

| June 10, 2018

Bank Nifty opened lower at 26457, declined further by more than 150 points to register low 26284 but bounced back again by more than 180 points till 26481 and finally closed 66 points down at 26451. Friday, there was possibility of further bounce towards 27164 in coming days and Bank Nifty was expected to decline […]

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