Bank Nifty opened gap up at 20801, bounced further to registered day’s high 21462 but declined back again by more than 1800 points to register day’s low 19580 and finally closed 355 points up at 19969. Friday, 19518-18967 was immediate support and 18967 was immediate downside breakeven point. Bank Nifty was in positive zone and […]
Bank Nifty opened huge gap down of 2006 points at 18311, bounced to register day’s high 18895 sharply after opening but declined back again by more than 2000 points to register day’s fresh low 16791 and finally closed 3399 points down at 16917. Yesterday, Bank Nifty was in negative zone as long as trading below […]
Bank Nifty corrected by more than 38% of its life time move in just 2 months and pattern on long term charts has been changed. So, it is the time of revise wave counts on all time frames again to get idea of further outlook and movement of Bank Nifty. We prepared last all time […]
It has been 09 months before I had prepared my last analysis report on all time frames, link to that analysis report is Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame. So, this weakened I again decided to look at all time frames to revise wave counts. Let’s start from monthly chart. […]
Bank Nifty opened gap down at 31571, declined further to register day’s low 31445 and bounced back by more than 250 points to register day’s fresh high 31773 and finally closed 263 points down at 31590. Friday, 31851-32041 was immediate resistance range and Bank Nifty was expected to decline further towards 31051-30899 as long as […]
Bank Nifty opened lower at 32326, declined further by more than 300 points to register low 31960 and finally closed 374 points down at 32069. Friday, 32369-32311 was immediate support range and 32311 was immediate downside breakeven point. Bank Nifty was expected to decline towards 32134-31995 if breaks and stay below 32311 for more than […]
Bank Nifty opened flat at 32266, declined to register low 32199 but bounced back again by more than 200 points till 32443 and finally closed 143 points up at 32384. Friday, 32077-31944 was immediate support range and 31944 was immediate downside breakeven point. Bank Nifty was positive and expected to bounce towards 32748-33832 as long […]
Bank Nifty opened bit lower at 30571, registered low 30504 and bounced back by more than 500 points to registered day’s high 31108 but declined back sharply and finally closed 116 points up at 30749. Friday, 30630-30512 was immediate support with 30512 as immediate downside breakeven point. Bank Nifty was expected to bounce towards 30821-30961 […]
Bank Nifty opened higher at 28681, registered high 28730 and declined back again by more than 1000 points to register day’s low 27653 and finally closed 682 points down at 27731. Friday, 28982-29085 was immediate upside resistance range with 29085 as immediate upside breakeven point. Bank Nifty was expected to give one more decline below […]
Bank Nifty opened lower at 30029, registered high 30067 and declined back again by more than 600 points to registered day’s low 29470 and finally closed 597 points down at 29586. Yesterday, 30234-30300 was immediate resistance range and Bank Nifty was expected to decline further below 29889, may be towards 29497-29282 in coming sessions either […]
Bank Nifty Analysis, Outlook and Important Levels for 30 March 2020
Bank Nifty opened gap up at 20801, bounced further to registered day’s high 21462 but declined back again by more than 1800 points to register day’s low 19580 and finally closed 355 points up at 19969. Friday, 19518-18967 was immediate support and 18967 was immediate downside breakeven point. Bank Nifty was in positive zone and […]
Fresh Elliott Wave Outlook of Bank Nifty for 24 March 2020 Onward
Bank Nifty opened huge gap down of 2006 points at 18311, bounced to register day’s high 18895 sharply after opening but declined back again by more than 2000 points to register day’s fresh low 16791 and finally closed 3399 points down at 16917. Yesterday, Bank Nifty was in negative zone as long as trading below […]
Bank Nifty Analysis, Outlook and Important levels on All Time Frame Charts
Bank Nifty corrected by more than 38% of its life time move in just 2 months and pattern on long term charts has been changed. So, it is the time of revise wave counts on all time frames again to get idea of further outlook and movement of Bank Nifty. We prepared last all time […]
Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame Charts
It has been 09 months before I had prepared my last analysis report on all time frames, link to that analysis report is Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame. So, this weakened I again decided to look at all time frames to revise wave counts. Let’s start from monthly chart. […]
Fresh Elliott Wave Outlook of Bank Nifty for 20 January 2020 Onward
Bank Nifty opened gap down at 31571, declined further to register day’s low 31445 and bounced back by more than 250 points to register day’s fresh high 31773 and finally closed 263 points down at 31590. Friday, 31851-32041 was immediate resistance range and Bank Nifty was expected to decline further towards 31051-30899 as long as […]
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 […]
