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 24084, registered low 24074 and further bounced by more than 250 points to register day’s high 24350 and finally closed 342 points up at 24316. Yesterday, Bounce towards 24366-24683 was expected and I suggested to buy Bank Nifty “if Bank Nifty trades above opening price after 9:31 AM” with stoploss […]
Bank Nifty opened lower at 23958 and bounced back by more than 200 points to register day’s high 24191 but didn’t sustain at that level and declined back by more than 300 Points to register day’s low 23868 and finally closed 231 points down at 23985. Friday, one more decline for low below 24084 was […]
Bank Nifty opened higher at 24942 and declined sharply just after registering day’s high 24966 by more than 400 points to register day’s low 24534 and finally closed 306 points down at 24599. Yesterday, decline towards 24830-24739-24674 was expected with stoploss of 25077. I suggested Bank Nifty 10 August 25000 Put bought in 24966-25068 range […]
Bank Nifty opened higher at 24578 and declined back sharply just after opening to register low 24484 but bounce back again by more than 200 points to register new all time high 24720 and finally closed 150 points up at 24670. Yesterday, bounce above 24624 was expected and I suggested Bank Nifty 27 July 24200 […]
Bank Nifty opened higher at 24069 and further bounced by more than 150 points to register new all time high 24180 and finally closed 130 points up at 24152. Yesterday, bounce for a new high above 24147 was expected and I suggested buying Bank Nifty 20 July 23800 call if Bank Nifty decline towards 23930-23900 […]
Bank Nifty again opened higher at 24011 and decline sharply just after opening to register day’s low 23913 but bounced back again by more than 150 points from low to register new all time high 24066 and finally closed 77 points up at 24015. Yesterday, further bounce towards 23996-24080 was expected and I suggested book […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 October 2017 Onward
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 can Bounce Above 25198 Again in Medium Term
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 […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 22 September 2017 Onward
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 […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 September 2017 Onward
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. […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 September 2017 Onwards
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 […]
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 […]
