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Elliott wave analysis of Bank Nifty after union budget 2018

Elliott wave analysis of Bank Nifty after union budget 2018

| February 2, 2018 | 0 Comments

Bank Nifty opened lower at 27334, bounced to registers high 27575 but declined back again to register low 27046 followed by bounced of more than 500 points to register high 27613 and finally closed 158 points down at 27229. Overall, it was a huge volatile days with wild swings. Yesterday, I had mentioned that overall […]

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Elliott Wave Outlook of Bank Nifty before 25 January 2018 Expiry

Elliott Wave Outlook of Bank Nifty before 25 January 2018 Expiry

| January 22, 2018 | 2 Comments

Bank Nifty opened higher at 26940, decline sharply to register low 26841 but bounced back again by more than 200 points to register again new all time high 27074 and finally closed 131 points up at 27041. Yesterday, bounce towards 27055-27445 was expected with 26830-26757 as good support on downside. Trading strategy was book part […]

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Bank Nifty Can Bounce Towards 27055-27445 Before January 2018 Expiry

Bank Nifty Can Bounce Towards 27055-27445 Before January 2018 Expiry

| January 19, 2018 | 7 Comments

Bank Nifty opened huge gap up at 26762, further bounced to register new all time high 26887 but didn’t sustain at higher and declined back again by more than 200 points to register low 26423 and finally closed 248 points up at 26537. Yesterday, bounce above 26335 was expected and 26212 was immediate breakeven point […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 January 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 January 2018 Onward

| January 17, 2018 | 3 Comments

Bank Nifty opened lower at 25946, registers low 25922 and bounced back by more than new 350 points to register new all time high 26335 and finally closed 314 points up at 26289. Yesterday, bounce towards 26136 and above was expected and 25903 was immediate breakeven point for downside. I suggested buying Bank Nifty 25800 […]

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“Elliott Wave Analysis of Bank Nifty for All Time Frames as on 08 January 2018”

“Elliott Wave Analysis of Bank Nifty for All Time Frames as on 08 January 2018”

| January 7, 2018 | 17 Comments

Bank Nifty bounced by more than 9000 points in last 1 year (From 26-Dec-2016 to till date) and bounce is steep and sharp without any reasonable correction. And it has been 7 months I had prepared my last analysis report on all time frames, so this weekend I decided to look at all time frames […]

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Bank Nifty can bounce above 25780 sharply in coming days

Bank Nifty can bounce above 25780 sharply in coming days

| January 2, 2018

Bank Nifty opened higher at 25565, further bounced to register high 25588 and decline back again by more than 300 points to registers day’s low 25271 and finally closed 221 points down at 25318. Yesterday, bounce above 25780 was expected and 25488 was pattern negation point. I suggested Bank Nifty 25400 call of 4 Jan […]

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Bank Nifty Can Bounce Further Towards 25780-26217 in Coming Sessions

Bank Nifty Can Bounce Further Towards 25780-26217 in Coming Sessions

| December 20, 2017 | 1 Comment

Bank Nifty opened higher at 25779 and declined back sharply just after opening and registers day’s low 25566 and finally closed 124 points down at 25591. Yesterday, bounce above 25759 was expected and 25322 was breakeven point for downside. I suggested Bank Nifty if decline towards 25400-25322 then 25300 Call of 28 Dec 2017 can […]

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Elliott Wave Analysis of Bank Nifty [NEAR GUJARAT ELECTIONS RESULT]

Elliott Wave Analysis of Bank Nifty [NEAR GUJARAT ELECTIONS RESULT]

| December 15, 2017 | 0 Comments

Bank Nifty opened higher at 25062 and declined back to register low 24888 but bounced back again by more than 300 points to register high 25205 and finally closed 167 points up at 25168. Yesterday, decline towards 24938-24813 was expected and 25062 was breakeven point for upside. I suggested if Bank Nifty “trades below tomorrow’s […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 December 2017 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 December 2017 Onward

| December 10, 2017 | 1 Comment

Bank Nifty opened higher at 25145 and bounced further by more than 200 points to register high 25367 and finally closed 263 points up at 25321. Friday, I mentioned 25248 was breakeven point for upside above which Bank Nifty can bounce further towards 25517 and above in coming days. I also suggested If someone bought […]

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

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

| December 7, 2017 | 17 Comments

Bank Nifty opened lower at 25066, registered high 25077 and declined back by more than 250 points to register low 24813 and finally closed 273 points down at 24851. Yesterday, bounce towards 25217-25400 was expected and I also mentioned that if Bank Nifty will open below 25124 then it can decline further towards 25034. I […]

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