Bank Nifty opened higher at 25805 and bounced further to register high 25831 but declined back again to register low 25665. Bank Nifty bounced again from 25665 to 25800 and finally closed 9 points up at 25766. Yesterday, bounce towards 25924 and above was expected in coming days and 25634 was breakeven point. And I […]
Bank Nifty opened lower at 25241 and bounced to register high 25318 but didn’t sustain at that level and declined back again by more than 150 points to register low 25166 and finally closed 65 points down at 25218. Yesterday, decline towards 25119 was expected and 25396 was breakeven point for upside. And I suggested […]
Bank Nifty opened lower at 25569 and declined back to register low 25529 and bounced back again by more than 150 points to register high 25695 but didn’t sustain at that level and declined back and finally closed 79 points down at 25571. Yesterday, Bounce towards 25695 and above was expected and 25546 was pattern […]
Bank Nifty opened higher at 25197 and further bounced by more than 300 points to register new all time high 25549 and finally closed 471 points up at 25490. Yesterday, I had mentioned Bank Nifty still has possibility to bounce above 25186 and 24712 was breakeven point for downside. Trading strategy was “Buying on Dips” […]
Bank Nifty opened higher at 24141 and declined to register low 24032 but bounced back again by more than 250 points to register high 24293 and finally closed 133 points up at 24222. Yesterday, I mentioned Bank Nifty still has possibility to bounce towards 25198 in coming days and I suggested trade with condition that, […]
Bank Nifty opened higher at 24411 and register low 24387 but bounced back again by more than 300 points to register day’s high 24779 and finally closed 327 points up at 24689. Friday, bounce towards 24393 and above was expected and 24271 was breakeven point for upside. I suggested holding Bank Nifty 26 Oct 25000 […]
Bank Nifty opened higher at 24308 and bounced to register day’s high 24331 but declined back by more than 500 points to register day’s low 23766 and finally closed 386 points down at 24812. Yesterday, decline below 24015 was expected in coming days and 24430 was the breakeven point. I suggested Selling Bank Nifty in […]
Bank Nifty opened lower at 24934 and bounced to register high 24992 but declined back by more than 250 points to register low 24706 and finally closed 165 points at 24799. Yesterday, bounce above 25105 was expected and I suggested holding Bank Nifty longs taken in 25000-24977 range with same stoploss of 24937 expecting target […]
Bank Nifty opened lower at 24840 and registered low 24791 but bounced back again to register high 24916 and finally closed 67 points down at 24844. Friday, bounce above 24994 was expected and 24679 was breakeven point for downside. I suggested buying Bank Nifty if get around 24700-24650 with stoploss 24629 expecting targets above 24994. […]
Bank Nifty opened higher at 24818 and registered low 24737 but bounced back again by more than 200 points to register high 24948 and finally closed at 47 points up at 24831. Yesterday, bounce above 24821 was expected and 24601 was breakeven point for downside. I suggested buying Bank Nifty if get around 24620-24590 expecting […]
![Elliott Wave Analysis of Bank Nifty on All Time Frame Charts [ Dated : 01-April-2018 ]](http://ewanalyst.com/wp-content/uploads/2018/04/02-April-Monthly-150x150.png "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 ]
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 […]
Bank Nifty Can Bounce by 1300-2000 Points After Achieving 24048-23842
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 […]
Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009
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 […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 March 2018 Onward
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 […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 05 March 2018 Onward
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 […]
Jindal Steel and Power (JNSP) can Bounce above 135 in Near Term
Jindal Steel and Power (JNSP) stock is indicating a interesting Irregular Correction pattern at the end and giving a good trading opportunity for quick gains with low risk. So, today I am posting Elliott wave analysis of JNSP to explain the opportunity and pattern. Let’s have casual look at long term chart (monthly chart) of […]
