Bank Nifty opened higher at 30656, registered new all time high 30670 but didn’t sustain at higher level and decline back again by more than 500 points to register low 30142 and finally closed 307 points down at 30223. Thursday, Bank Nifty was expected to give a small/big decline [300-500 points] soon either from present […]
Bank Nifty opened higher at 29920, bounced further to register fresh new all time high 30008 but didn’t sustain at higher level and declined back again by more than 450 points to register low 29508 and finally closed 249 points down at 29582. Friday, 28789 was immediate downside breakeven point and Bank Nifty was expected […]
Bank Nifty opened higher at 27686, traded in 27645-27811 range rest of the day and finally closed 02 points down at 27761. Overall, it was a dull day up down swings. Friday, 27691 was immediate breakeven point on downside and there was a possibility of further decline towards 27492 if breaks below 27691 straightway without […]
It has been 05 months before I had prepared my last analysis report on all time frames chart. So, this weakened I again decided to look at all time frames to identify the changes and to conclude future possibilities. Friday, 26970 was the immediate breakeven point on downside and Bank Nifty was expected to decline […]
Bank Nifty opened higher at 27017, registered high 27029 and declined back sharply just after opening by more than 350 points to register day’s low 26635 and finally closed 176 points down at 26794. Friday, minimum decline towards 26818-26726 was expected and 27030 was immediate upside breakeven point. Trading strategy was to buy Bank Nifty […]
Bank Nifty opened higher at 27602, registered high 27612 but decline back again by more than 200 points to registers day’s low 27382 and finally closed 74 points down at 27453. Yesterday, decline towards 27161-26923 was expected very soon and 27754-27925 was resistance range. Trading strategy was to hold Bank Nifty 27200 Put of 17th […]
Bank Nifty opened flat at 26999, register day’s low 26929 and bounced back again by more than 350 points to register day’s high 27274 and finally closed 235 points up at 27195. Friday, I had mentioned that that there was a possibility of Irregular correction at top (15 Minute chart). So, Bank Nifty was expected […]
Bank Nifty again opened gap up at 27048, bounced further to registered day’s high 27213 and finally closed 246 points up at 27125. Friday, 26964 was immediate breakeven point on upside and Bank Nifty was expected to bounce further towards 27239 [which further can extends towards 27369-27603 in coming days] if breaks above immediate breakeven […]
Bank Nifty opened higher at 26307, registers low 26252 and bounced back again by more than 400 points to register day’s high 26659 and finally closed 396 points up at 26594. Friday, Bounce of about 300-560 points was expected after completion of an impulse started from 27037 and 26149-26011 was the immediate support with 26011 […]
Bank Nifty opened higher at 27009, registered high 27012 and declined back just after opening by more than 200 points to register low 26764 and finally closed 76 points down at 26862. Friday, Bank Nifty was in positive zone as long as trading above immediate breakeven point 26780. Bank Nifty was expected to fall further […]
Fresh Bank Nifty Outlook and Trading Strategy For 22 April 2019 Onward
Bank Nifty opened higher at 30656, registered new all time high 30670 but didn’t sustain at higher level and decline back again by more than 500 points to register low 30142 and finally closed 307 points down at 30223. Thursday, Bank Nifty was expected to give a small/big decline [300-500 points] soon either from present […]
Bank Nifty Outlook and Trading Strategy for 25 March 2019 Onwards
Bank Nifty opened higher at 29920, bounced further to register fresh new all time high 30008 but didn’t sustain at higher level and declined back again by more than 450 points to register low 29508 and finally closed 249 points down at 29582. Friday, 28789 was immediate downside breakeven point and Bank Nifty was expected […]
Further Elliott Wave Updates of Bank Nifty for 11 March 2019 Onward
Bank Nifty opened higher at 27686, traded in 27645-27811 range rest of the day and finally closed 02 points down at 27761. Overall, it was a dull day up down swings. Friday, 27691 was immediate breakeven point on downside and there was a possibility of further decline towards 27492 if breaks below 27691 straightway without […]
Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame Charts dated 25 February 2019
It has been 05 months before I had prepared my last analysis report on all time frames chart. So, this weakened I again decided to look at all time frames to identify the changes and to conclude future possibilities. Friday, 26970 was the immediate breakeven point on downside and Bank Nifty was expected to decline […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 February 2019 Onward
Bank Nifty opened higher at 27017, registered high 27029 and declined back sharply just after opening by more than 350 points to register day’s low 26635 and finally closed 176 points down at 26794. Friday, minimum decline towards 26818-26726 was expected and 27030 was immediate upside breakeven point. Trading strategy was to buy Bank Nifty […]
Overall outlook of Sun TV Network Ltd (SUTV) based on Elliott Wave Analysis
Sun TV Network ltd (SUTV) listed in 2006 but it registered its life time low 122 in November 2008, so its major wave cycle started from 122. This stock consolidated in 548-214 range for 01 year [2010 to 2011] but bounced sharply by more than 400% and registered its life time high 1098 in January […]
ICICI Bank Ltd (ICBK) has Good Potential for Long Term Investment
ICICI Bank Ltd (ICBK) is the stock which started its journey from low 03 [traded in price 03-43 from January 1999-2001) and bounced sharply by more than 600% after 2001 to register high 264 in 2008. Later, this stock corrected by more than 80% from 264-46 and bounced back again to register its fresh all […]
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 […]
