Tag: Bank Nifty Weekly Option Trading Strategy

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 February 2019 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 18 February 2019 Onward

| February 17, 2019

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 […]

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Further Elliott Wave Updates of Bank Nifty for 28 January 2019 Onward

Further Elliott Wave Updates of Bank Nifty for 28 January 2019 Onward

| January 27, 2019

Bank Nifty opened flat at 27261, registers low 26242 and bounced back to register day’s high 27433 but didn’t sustain at higher level and decline back again by more than 350 points to register day’s fresh low 27045 and finally closed at 151 points down at 27115. Friday, one more decline towards 27142-27045 was expected […]

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Bank Nifty Can Decline Towards 26923 Very Soon

Bank Nifty Can Decline Towards 26923 Very Soon

| January 13, 2019

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 […]

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Bank Nifty Outlook and Trading Strategy for 07 January 2019

Bank Nifty Outlook and Trading Strategy for 07 January 2019

| January 5, 2019

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 […]

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Elliott Wave Outlook of Bank Nifty for 31 December 2018

Elliott Wave Outlook of Bank Nifty for 31 December 2018

| December 30, 2018

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 […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 10 December 2018

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 10 December 2018

| December 9, 2018

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 […]

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Elliott Wave Analysis Report of Bank Nifty for 03 December 2018

Elliott Wave Analysis Report of Bank Nifty for 03 December 2018

| December 2, 2018

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 […]

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Fresh Elliott Wave Analysis of Bank Nifty for 26 November 2018

Fresh Elliott Wave Analysis of Bank Nifty for 26 November 2018

| November 24, 2018

Bank Nifty opened lower at 26233, bounced to register day’s high 26323 but didn’t sustain at higher level and declined back again by more than 350 points to register low 25947 and finally closed 262 points down at 25999. Thursday, 26227 was the immediate breakeven point on downside with 26213 as pattern negation point. Bank […]

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Bank Nifty can Decline by 450-700 Points Before 26431

Bank Nifty can Decline by 450-700 Points Before 26431

| November 16, 2018

Bank Nifty opened higher at 26205, bounced further to registered day’s high 26332 but declined back again to register day’s low 26122 and finally closed 90 points up at 26245. Friday, there was possibility of a small or big correction very soon. A minimum 600-900 points correction was expected without breaking higher above 26389. Otherwise, […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 15 November 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 15 November 2018 Onward

| November 15, 2018

Bank Nifty opened gap up at 25952, declined sharply just after opening to registered low 25814 and bounced back to registered day’s high 26045 but declined back again to register day’s fresh low 25806 and finally closed 161 points up at 25930. Overall it was up down swing move. Yesterday, bounce towards 25910-26236 was expected […]

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