Bank Nifty opened higher at 28021 and bounced further to register day’s high 28098 but declined back by more than 400 points to register day’s low 27666 and closed 263 points down at 27719. Yesterday, 28075 was immediate upside breakeven point and Bank Nifty was expected to decline towards 27683-27392 without breaking much higher above […]
Bank Nifty opened higher at 28331, bounced further to register day high 28468 but declined back again by more than 300 points to register low 28146 and finally closed 30 points down at 28186. Yesterday, 28125-28048 was immediate support and 28048 was immediate downside breakeven point. Bank Nifty was expected to decline further towards 27683-27534 […]
Bank Nifty opened higher at 28293, bounced further to register day’s high 28602 but declined back again to close 321 points up at 28431. Now, let’s have a fresh look at latest charts to calculate further move. This analysis report is covering all time move of Bank Nifty from life time low 3314. We are […]
Bank Nifty opened down at 28244, declined to register day’s low 27936 but bounced back again by more than 500 points to registered day’s high 28544 and finally closed 162 points down at 28204. Overall, it was the day with very volatile moves. Friday, 28289 was immediate downside breakeven point and Bank Nifty was expected […]
Bank Nifty opened flat at 29062, declined to register day’s low 28994 and bounced back again by more than 350 points to registered day’s high 29379 and finally closed 282 points up at 29325. Friday, Bank Nifty Bank Nifty was in negative zone with 29342-29634 as resistance and 29634 was short term upside breakeven point. […]
Bank Nifty opened higher at 30515, registers high 30543 but didn’t sustain at higher level and declined back again by more than 800 points to registers day’s low 29705 and finally closed 660 points down at 29770. Friday, Bank Nifty was expected to decline below 30220 in coming session as long as trading below immediate […]
Bank Nifty opened higher at 31523, traded in 31323-31660 with volatility and finally closed 03 points up at 31473. Friday, 31489-31415 was immediate support and 31415 was immediate downside breakeven point. Bank Nifty was expected to decline further towards 31105-31060 if breaks and stay below 31415 for 15 minutes. Trading strategy was Buying Puts if […]
Bank Nifty opened flat at 30804, declined sharply just after opening and traded in 30765-30541 range rest of the day with volatile move and finally closed 152 points down at 30628. Friday, 30730-30672 was immediate support range and bounce towards 31036-31399 was expected as long as Bank Nifty trading above immediate downside breakeven point 30593. […]
Bank Nifty opened flat at 30983, register high 31032 and declined back again by more than 500 points to register day’s low 30508 and finally closed 361 points down at 30614. Friday, 31026-31108 was immediate resistance, 31399 was pattern negation point and decline below 30627 was expected without breaking above 31399. Trading strategy was to […]
Bank Nifty opened lower at 31256, registered low 31236 but bounced back by more than 350 points to register day’s high 31619 and finally closed 241 points up at 31537. Yesterday, 31328-31266 was low risk buying range and bounce towards 31799-32134 was expected in coming sessions 31169 as Trend Reversal Point/Stoploss. Bank Nifty was weak […]
Bank Nifty Analysis and Trading Strategy for 22 Aug 2019
Bank Nifty opened higher at 28021 and bounced further to register day’s high 28098 but declined back by more than 400 points to register day’s low 27666 and closed 263 points down at 27719. Yesterday, 28075 was immediate upside breakeven point and Bank Nifty was expected to decline towards 27683-27392 without breaking much higher above […]
Bank Nifty Outlook and Trading Strategy for 20 Aug 2019 – Elliott Wave Analysis
Bank Nifty opened higher at 28331, bounced further to register day high 28468 but declined back again by more than 300 points to register low 28146 and finally closed 30 points down at 28186. Yesterday, 28125-28048 was immediate support and 28048 was immediate downside breakeven point. Bank Nifty was expected to decline further towards 27683-27534 […]
Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame
Bank Nifty opened higher at 28293, bounced further to register day’s high 28602 but declined back again to close 321 points up at 28431. Now, let’s have a fresh look at latest charts to calculate further move. This analysis report is covering all time move of Bank Nifty from life time low 3314. We are […]
Bank Nifty Outlook and Trading Strategy for 05 August 2019
Bank Nifty opened down at 28244, declined to register day’s low 27936 but bounced back again by more than 500 points to registered day’s high 28544 and finally closed 162 points down at 28204. Overall, it was the day with very volatile moves. Friday, 28289 was immediate downside breakeven point and Bank Nifty was expected […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 29 July 2019
Bank Nifty opened flat at 29062, declined to register day’s low 28994 and bounced back again by more than 350 points to registered day’s high 29379 and finally closed 282 points up at 29325. Friday, Bank Nifty Bank Nifty was in negative zone with 29342-29634 as resistance and 29634 was short term upside breakeven point. […]
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 […]
