Tag: Target of Bank Nifty

Fresh Elliott Wave Outlook of Bank Nifty for 20 January 2020 Onward

Fresh Elliott Wave Outlook of Bank Nifty for 20 January 2020 Onward

| January 19, 2020

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 […]

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Bank Nifty Levels and Trading Strategy for 06 January 2020

Bank Nifty Levels and Trading Strategy for 06 January 2020

| January 4, 2020

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 […]

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Bank Nifty Analysis, Outlook and Important levels for 23 December 2019

Bank Nifty Analysis, Outlook and Important levels for 23 December 2019

| December 22, 2019

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 […]

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Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame

Fresh Elliott Wave Analysis of Bank Nifty on All Time Frame

| August 13, 2019

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 […]

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Bank Nifty Outlook and Trading Strategy for 05 August 2019

Bank Nifty Outlook and Trading Strategy for 05 August 2019

| August 4, 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 […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 29 July 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 29 July 2019

| July 29, 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. […]

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Bank Nifty Outlook and Trading Strategy for 22 July  2019

Bank Nifty Outlook and Trading Strategy for 22 July 2019

| July 20, 2019

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 […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 08 July 2019

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 08 July 2019

| July 8, 2019

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 […]

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Fresh Elliott Wave Analysis of Bank Nifty for 24 June 2019

Fresh Elliott Wave Analysis of Bank Nifty for 24 June 2019

| June 23, 2019

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. […]

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Bank Nifty Outlook and Trading Strategy for 17 June 2019

Bank Nifty Outlook and Trading Strategy for 17 June 2019

| June 17, 2019

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 […]

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