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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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Fresh Elliott Wave Analysis of Bank Nifty for 13 May 2019

Fresh Elliott Wave Analysis of Bank Nifty for 13 May 2019

| May 12, 2019

Bank Nifty opened higher at 28927, registered day’s low 28900 and bounced back again by more than 250 points to registered day’s high 29202 followed by declined till 28962 and finally closed 155 points up at 29040. Friday, 29032-29185 was immediate resistance range with 29185 as immediate upside breakeven point. Bank Nifty was expected to […]

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Further Elliott Wave Updates of Bank Nifty for 10 May 2019 Onward

Further Elliott Wave Updates of Bank Nifty for 10 May 2019 Onward

| May 9, 2019

Bank Nifty opened lower at 28893, bounced to registered high 29040 but declined back again to register day’s low 28784 followed by bounce till 29032 and finally closed 109 points down at 28884. Yesterday, 29288 was immediate resistance/upside breakeven point. Bank Nifty was expected to bounce towards 2972-29835 in coming sessions if breaks and stay […]

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Bank Nifty Outlook and Trading Strategy for 09 May 2019 Onward

Bank Nifty Outlook and Trading Strategy for 09 May 2019 Onward

| May 9, 2019

Bank Nifty opened flat at 29261, declined from day’s high 29261 by more than 250 points to registered day’s low 28951 and finally closed 293 points down at 28994. Yesterday, 29383-29469 was immediate resistance range with 29469 as immediate upside breakeven point. Bank Nifty was expected to bounce further towards 29712-29385 if breaks and stay […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 08 May 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 08 May 2019

| May 8, 2019

Bank Nifty opened higher at 29749, bounced further to registered day’s high 29835 but didn’t sustain at higher level and declined back again by more than 550 point to registered day’s low 29244 and finally closed 330 points down at 29288. Yesterday, 29754 was immediate upside breakeven point. Bank Nifty was expected to bounce further […]

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