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 […]
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 […]
Bank Nifty opened higher at 25826, registers high 25838 but declined back again by more than 150 points to register low 25620 and finally closed 30 points down at 25736. Yesterday, bounce towards 25924 was expected in coming days. And I suggested buying Bank Nifty 25600 Call of 30 Nov 2017 in 25766-25700 range using […]
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 can bounce above 27164 in coming days
Bank Nifty opened lower at 26457, declined further by more than 150 points to register low 26284 but bounced back again by more than 180 points till 26481 and finally closed 66 points down at 26451. Friday, there was possibility of further bounce towards 27164 in coming days and Bank Nifty was expected to decline […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 06 June 2018 Onward
Bank Nifty opened flat at 26263, registered high 26342 and declined back again by more than 250 points to register day’s low 26069 followed by a bounce of almost 220 points and finally closed 6 point down at 26251. Yesterday, I had mentioned that 26103-25988 was support range on downside. So, Bank Nifty can bounce […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 May 2018 Onward
Bank Nifty opened higher at 25780, further bounced to register day’s high 26945 but didn’t sustain at that level and decline back again by more than 200 points to register day’s low 25701 and finally closed 26 point up at 25777. Yesterday, I had mentioned that Bank Nifty was still in negative zone with 25913 […]
![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 […]
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 […]
