Vinod Sharma

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Fresh Elliott Wave Analysis of Bank Nifty for 27 May 2019

Fresh Elliott Wave Analysis of Bank Nifty for 27 May 2019

| May 26, 2019

Bank Nifty opened higher at 30685, declined to register low 30564 and bounced back again by more than 700 points to registered day’s high 31275 and finally closed 803 points up at 31212. Friday, 30590 was the immediate upside breakeven point and Bank Nifty was expected to bounce towards 31074 and above if breaks and […]

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29694 is Major Trend Reversal Point for Bank Nifty Between 28500-32500

29694 is Major Trend Reversal Point for Bank Nifty Between 28500-32500

| May 23, 2019

Bank Nifty opened gap up at 30962, bounced further by more than 700 points to registered new all high 31705 but didn’t sustain at higher level and declined back again by more than 1400 points to register day’s low 30292 and finally closed 117 points down at 30409. Yesterday, bounce towards 31138-32754 was expected but […]

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Bank Nifty Outlook and Trading Strategy for 23 May 2019

Bank Nifty Outlook and Trading Strategy for 23 May 2019

| May 22, 2019

Bank Nifty opened higher at 30410, declined sharply just after opening to registered low 30268 but bounced back again by more than 350 points to register day’s high 30675 and finally closed 218 points up at 30526. Yesterday, 30406-30487 was the immediate resistance range with 30487 as immediate upside breakeven point. Bank Nifty was expected […]

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Fresh Elliott Wave Analysis of Bank Nifty for 22 May 2019

Fresh Elliott Wave Analysis of Bank Nifty for 22 May 2019

| May 21, 2019

Bank Nifty opened higher at 30862, registered new all time high 30926 but decline back again by more than 600 points to register day’s low 30274 and finally closed 475 points down at 30284. Yesterday, 30283-29947 was immediate support with 29947 as immediate downside breakeven point. Any downside reversal was expected after breaks below 29947 […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 21 May 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 21 May 2019

| May 20, 2019

Bank Nifty opened huge gap up at 30230, bounced further by more than 600 points to register fresh all time high 30827 and finally closed 1309 points up at 30759. Yesterday, 29164 was immediate downside breakeven point/trend deciding level and any downside reversal was expected after break below 29164 only. No advanced or market hours […]

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Bank Nifty Outlook and Trading Strategy for 20 May 2019

Bank Nifty Outlook and Trading Strategy for 20 May 2019

| May 19, 2019

Bank Nifty opened higher at 28881, registered day’s low 28856 and bounced back by more than 600 points to registered day’s high 29559 and finally closed 594 points up at 29450. Friday, 28840 was the immediate downside breakeven point and Bank Nifty was expected to decline further towards 28667-28525 if breaks and stay below 28840 […]

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Fresh Elliott Wave Analysis of Bank Nifty for 17 May 2019

Fresh Elliott Wave Analysis of Bank Nifty for 17 May 2019

| May 16, 2019

Bank Nifty opened flat at 28625, registered day’s low 28525 and bounced back again by more than 400 points to registered day’s high 28947 and finally closed 238 points up at 28855. Yesterday, 28643-28699 was the immediate resistance range with 28699 as immediate upside breakeven point. Bank Nifty was expected to bounce towards 28932-29058 if […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 May 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 May 2019

| May 15, 2019

Bank Nifty opened higher at 28925, registered day’s high 28983 and declined back again by more than 400 points to registered day’s low 28555 and finally closed 212 points down at 28616. Yesterday, one more decline below 28582 was expected as long as Bank Nifty trading below 29058. Otherwise, bounce towards 29202 was expected if […]

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Bank Nifty Outlook and Trading Strategy for 15 May 2019

Bank Nifty Outlook and Trading Strategy for 15 May 2019

| May 15, 2019

Bank Nifty opened higher at 28718, declined to registered low 28582 and bounced back again by more than 400 points to register day’s high 29058 followed by decline till 28729 and finally closed 169 points up at 28829. Yesterday, 28777 was immediate upside breakeven point and Bank Nifty was expected to bounce towards 29049-29202 if […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 May 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 May 2019

| May 13, 2019

Bank Nifty opened flat at 29026, bounced to register day’s high 29049 but didn’t sustain at higher levels and declined back again by more than 400 points to registered day’s low 28621 and finally closed 380 points down at 28659. Yesterday, Bank Nifty was in negative zone with 29202-29294 as immediate resistance range and was […]

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