![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 ]")
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 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 […]
Bank Nifty opened flat at 24854, registered low 24757 and bounced back again to register high 24939 but didn’t sustain at that level and declined back again to register low 24732 and finally closed 59 points down at 24791. Yesterday, I had mentioned that Bank Nifty can decline sharply for low below 24048 (start of […]
Bank Nifty opened lower at 25022, registers low 25002 and bounced back sharply just after opening to register high 25226 but didn’t sustain at that level and declined back by more than 300 points to register low 24854 and finally closed 204 points down at 24902. Thursday, for short term, I had mentioned that 25200 […]
Bank Nifty opened higher at 25511 and further bounced to register high 25601 but didn’t sustain at that level and declined back again by more than 400 points to register low 25100 and finally closed 260 points down at 25163. Friday, for short term, I had mentioned that Bank Nifty if breaks above the upper […]
Bank Nifty opened higher at 25360, registers low 25297 and bounced back by more than 300 points to register high 25615 but didn’t sustain at that level and declined back again to register low 25295 and finally closed 83 points up at 25424. Yesterday, 25359 was immediate breakeven point on upside above which further bounce […]
Bank Nifty opened gap down at 27017 and declined further by more than 600 points to register low 26364 and finally closed 769 points down at 26451. Friday, I had mentioned that one more bounce above 27652 was expected in coming days and 27046-26727 was support range on downside. I suggested buying Bank Nifty if […]
Bank Nifty opened lower at 27334, bounced to registers high 27575 but declined back again to register low 27046 followed by bounced of more than 500 points to register high 27613 and finally closed 158 points down at 27229. Overall, it was a huge volatile days with wild swings. Yesterday, I had mentioned that overall […]
Bank Nifty opened higher at 26940, decline sharply to register low 26841 but bounced back again by more than 200 points to register again new all time high 27074 and finally closed 131 points up at 27041. Yesterday, bounce towards 27055-27445 was expected with 26830-26757 as good support on downside. Trading strategy was book part […]
Bank Nifty opened huge gap up at 26762, further bounced to register new all time high 26887 but didn’t sustain at higher and declined back again by more than 200 points to register low 26423 and finally closed 248 points up at 26537. Yesterday, bounce above 26335 was expected and 26212 was immediate breakeven point […]
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 […]
Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009
Bank Nifty opened flat at 24854, registered low 24757 and bounced back again to register high 24939 but didn’t sustain at that level and declined back again to register low 24732 and finally closed 59 points down at 24791. Yesterday, I had mentioned that Bank Nifty can decline sharply for low below 24048 (start of […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 14 March 2018 Onward
Bank Nifty opened lower at 24624, registered low 24610 and bounced back again to register high 25009 but didn’t sustain at higher level and declined back again by more than 350 points to register low 24597 and finally closed 74 Points up at 24738. Yesterday, I had mentioned the bounce from low 24048 still looks […]
Elliott Wave Outlook and Trading Strategy of Bank Nifty for 05 March 2018 Onward
Bank Nifty opened lower at 25022, registers low 25002 and bounced back sharply just after opening to register high 25226 but didn’t sustain at that level and declined back by more than 300 points to register low 24854 and finally closed 204 points down at 24902. Thursday, for short term, I had mentioned that 25200 […]
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 […]
