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Bank Nifty Can Bounce Sharply Towards 24437-24704 in Short Term

Bank Nifty Can Bounce Sharply Towards 24437-24704 in Short Term

| July 20, 2017 | 0 Comments

Bank Nifty opened higher at 24069 and further bounced by more than 150 points to register new all time high 24180 and finally closed 130 points up at 24152. Yesterday, bounce for a new high above 24147 was expected and I suggested buying Bank Nifty 20 July 23800 call if Bank Nifty decline towards 23930-23900 […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 July 2017 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 July 2017 Onward

| July 17, 2017 | 0 Comments

Bank Nifty again opened higher at 24011 and decline sharply just after opening to register day’s low 23913 but bounced back again by more than 150 points from low to register new all time high 24066 and finally closed 77 points up at 24015. Yesterday, further bounce towards 23996-24080 was expected and I suggested book […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 July 2017 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 July 2017 Onward

| July 13, 2017 | 2 Comments

Bank Nifty again opened higher at 23817 and further bounce to register new all time high 23938 and finally closed 193 points up at 23888. Yesterday, bounce towards 23735-22867 was expected and 23660 was stoploss for longs. Our trading strategy was to buy 13 July 23600 call in 23689-23660 range with stoploss of 23630 expecting […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 07 July 2017 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 07 July 2017 Onward

| July 7, 2017 | 0 Comments

Bank Nifty opened higher at 23399 and declined to registers day’s low 23369 but bounced back again by more than 150 points to register day’s high 23540 and finally closed 114 points up at 23466. Yesterday, bounce towards 23498-23552-23703 was expected and Bank Nifty 06 July 23100 Call bought near 23214 on Tuesday was suggested […]

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Elliott Wave Analysis Report of Bank Nifty for 28 June 2017

Elliott Wave Analysis Report of Bank Nifty for 28 June 2017

| June 28, 2017 | 0 Comments

Bank Nifty opened higher at 23636 and after registering high 23640 decline sharply by more than 550 points to register low 23055 and finally closed 326 points down at 23216. Decline towards 23559-23351 was expected in my last analysis report and I suggested buy/hold 23900 Jun Put expecting same targets. Bank Nifty declined to register […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 June 2017 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 June 2017 Onward

| June 23, 2017 | 0 Comments

Bank Nifty opened higher at 23716 and bounced sharply by more than 200 points to register new all time high 23897 but didn’t sustain at those levels and declined back again register day’s low 23694. Bank Nifty finally closed 27 points up at 23736. Yesterday, bounce towards 23806-23916 was expected and I suggested buying 23900 […]

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Bank Nifty can bounce further towards 23464-23587 in Coming Sessions

Bank Nifty can bounce further towards 23464-23587 in Coming Sessions

| May 30, 2017 | 0 Comments

Bank Nifty again opened lower at 23142 and declined to register low 23094 but bounced back by more than 200 points to register high 23337 and finally closed 124 points up at 23307. Yesterday, higher levels in Bank Nifty were expected and suggested to buy Bank Nifty 22900 01 June call if Bank Nifty decline […]

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Bank Nifty Elliott Wave Analysis and Outlook for 29 May 2017 Onwards

Bank Nifty Elliott Wave Analysis and Outlook for 29 May 2017 Onwards

| May 29, 2017 | 1 Comment

Bank Nifty bounced more than 900 points in last 2 sessions and also bounced about 400 points above its previous life time high 22978. A new upside wave has been started from 22469 and we need to look again at previous waves. So, I am revising the wave counts on all time frames again in […]

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Further Elliott Wave Outlook of Bank Nifty after Achieving Target 22978

Further Elliott Wave Outlook of Bank Nifty after Achieving Target 22978

| May 26, 2017 | 3 Comments

Bank Nifty again opened slightly higher at 22573 and traded with huge strength for rest of the day. Bank Nifty bounce by more than 700 points to register new all time high 23267 and finally closed 654 points up at 23190. Bank Nifty was expected to bounce sharply above 22978 because of Complex Correction in […]

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Bank Nifty can Bounce Sharply above 22978 in June Expiry

Bank Nifty can Bounce Sharply above 22978 in June Expiry

| May 24, 2017 | 1 Comment

Bank Nifty opened higher at 22624 and registers day’s high 22673 but didn’t sustain at higher levels with negative bias and volatility. Finally Bank Nifty closed 46 points down at 22536 after registering low 22469. Yesterday, Bank Nifty was expected to bounce towards 22740-22800 if break above 22591 and May 22500 call was suggested to […]

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