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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 01 January 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 01 January 2018 Onward

| January 1, 2018 | 0 Comments

Bank Nifty opened flat at 25484, register low 25450 and bounced back again to registers day’s high 25566 and finally closed 49 points up at 25539. Friday, bounce above 25780 was expected and 25555 was breakeven point for upside. I suggested Bank Nifty if get in 25400-25322 range then 25300 Call of 04 Jan 18 […]

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Elliott wave analysis of Bank Nifty and Trading Strategies for 08 May 2017

Elliott wave analysis of Bank Nifty and Trading Strategies for 08 May 2017

| May 7, 2017 | 2 Comments

Bank Nifty again opened at life time high 22853 but declined back more than 300 points to register day’s low 22514 and finally closed 115 down at 22604. Friday, I suggested to avoid any fresh longs because most of the waves were extended and 22619 was the reversal point for the day and stoploss for […]

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Elliott Wave Analysis Report of Bank Nifty for 03 May 2017

Elliott Wave Analysis Report of Bank Nifty for 03 May 2017

| May 3, 2017 | 1 Comment

Today Bank Nifty again opened higher at 22412 register day’s high 22492 and sharply declined to register day’s low 22266 and finally closed 16 points down at 22341. Bounce towards 22438-22641 was expected and 21919 was the reversal point and stoploss for the longs and I also mentioned that there is no sign of reversal […]

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