RSSBank Nifty

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 […]

Continue Reading

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 06 June 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 06 June 2018 Onward

| June 6, 2018

Bank Nifty opened flat at 26263, registered high 26342 and declined back again by more than 250 points to register day’s low 26069 followed by a bounce of almost 220 points and finally closed 6 point down at 26251. Yesterday, I had mentioned that 26103-25988 was support range on downside. So, Bank Nifty can bounce […]

Continue Reading

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 May 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 May 2018 Onward

| May 23, 2018 | 0 Comments

Bank Nifty opened higher at 25780, further bounced to register day’s high 26945 but didn’t sustain at that level and decline back again by more than 200 points to register day’s low 25701 and finally closed 26 point up at 25777. Yesterday, I had mentioned that Bank Nifty was still in negative zone with 25913 […]

Continue Reading

Elliott Wave Analysis of Bank Nifty on All Time Frame Charts [ Dated : 01-April-2018 ]

Elliott Wave Analysis of Bank Nifty on All Time Frame Charts [ Dated : 01-April-2018 ]

| April 1, 2018 | 2 Comments

Bank Nifty declined by more than 4000 points within last 2 months (From 29-Jan-2018 to till date) and decline is sharp and impulsive which started from high 27652 and registered low 23605 till now. And it has been 2 months before I had prepared my last analysis report on all time frames. So, this weakened […]

Continue Reading

Bank Nifty Can Bounce by 1300-2000 Points After Achieving 24048-23842

Bank Nifty Can Bounce by 1300-2000 Points After Achieving 24048-23842

| March 20, 2018 | 0 Comments

Bank Nifty opened lower at 24133, registered low 24110 and bounced back again to registered high 24355 but didn’t sustain at that level and declined back again by more than 250 points to register low 24082 and finally closed 76 points down at 24168. Yesterday, I had mentioned that for short term Bank Nifty still […]

Continue Reading

Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009

Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009

| March 15, 2018 | 1 Comment

Bank Nifty opened flat at 24854, registered low 24757 and bounced back again to register high 24939 but didn’t sustain at that level and declined back again to register low 24732 and finally closed 59 points down at 24791. Yesterday, I had mentioned that Bank Nifty can decline sharply for low below 24048 (start of […]

Continue Reading

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 March 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 March 2018 Onward

| March 13, 2018

Bank Nifty opened lower at 24624, registered low 24610 and bounced back again to register high 25009 but didn’t sustain at higher level and declined back again by more than 350 points to register low 24597 and finally closed 74 Points up at 24738. Yesterday, I had mentioned the bounce from low 24048 still looks […]

Continue Reading

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 05 March 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 05 March 2018 Onward

| March 4, 2018 | 0 Comments

Bank Nifty opened lower at 25022, registers low 25002 and bounced back sharply just after opening to register high 25226 but didn’t sustain at that level and declined back by more than 300 points to register low 24854 and finally closed 204 points down at 24902. Thursday, for short term, I had mentioned that 25200 […]

Continue Reading

Further Elliott Wave Analysis Updates of Bank Nifty for 19 February 2018 Onwards

Further Elliott Wave Analysis Updates of Bank Nifty for 19 February 2018 Onwards

| February 18, 2018 | 0 Comments

Bank Nifty opened higher at 25511 and further bounced to register high 25601 but didn’t sustain at that level and declined back again by more than 400 points to register low 25100 and finally closed 260 points down at 25163. Friday, for short term, I had mentioned that Bank Nifty if breaks above the upper […]

Continue Reading

Elliott Wave Analysis Updates of Bank Nifty for 5 Feb 2018 Onward

Elliott Wave Analysis Updates of Bank Nifty for 5 Feb 2018 Onward

| February 5, 2018 | 0 Comments

Bank Nifty opened gap down at 27017 and declined further by more than 600 points to register low 26364 and finally closed 769 points down at 26451. Friday, I had mentioned that one more bounce above 27652 was expected in coming days and 27046-26727 was support range on downside. I suggested buying Bank Nifty if […]

Continue Reading