Tag: Target of Bank Nifty

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 September 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 11 September 2018 Onward

| September 10, 2018

Bank Nifty opened lower at 27395, declined sharply just after opening by more than 250 points to register day’s low 27142 and finally closed 279 points down at 27201. Yesterday, 27534 was immediate resistance on upside and Bank Nifty was expected to bounce towards 27900-28388 in coming days if break and stay above 27534 continuously […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 03 September 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 03 September 2018 Onward

| September 2, 2018

Bank Nifty opened lower 27998 at and bounced to register day’s high 28157 but didn’t sustain at that higher level and declined back to register day’s low 27940 and finally closed 41 points down at 28061. Friday, Bank Nifty was still positive as long as trading above short term breakeven point 27725 with possibility of […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 August 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 23 August 2018 Onward

| August 22, 2018

Bank Nifty opened flat at 28295, registers day’s high 28305 and traded in 28151-28276 range rest of the day and finally closed 16 points down at 28257. Yesterday, I had mentioned that Bank Nifty is still positive as long as trading above immediate breakeven point 28114. So, bounce towards 28624-29171 was expected in coming days […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 13 August 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 13 August 2018 Onward

| August 12, 2018

Bank Nifty opened flat at 28348, declined sharply just after opening to register low 28132 and bounced back again by more than 200 points to register new all time high 28378 but didn’t sustain at higher and declined back again to register day’s fresh low 28087 and finally closed 195 points down at 28124. Friday, […]

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Further Elliott Wave Analysis updates of Bank Nifty for 06 August 2018 onward

Further Elliott Wave Analysis updates of Bank Nifty for 06 August 2018 onward

| August 5, 2018

Bank Nifty opened gap up at 27471, registers low 27448 and bounced back again by more than 350 to register day’s high 27723 and finally closed 339 points up at 27695. Friday, bounce for new all time high was expected either from present level or from 27292-27151 range with 27124 was pattern negation on downside. […]

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Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 July 2018 Onward

Elliott Wave Outlook and Trading Strategy of Bank Nifty for 16 July 2018 Onward

| July 15, 2018

Bank Nifty opened flat at 27046 and traded 200 point range between 26902-27102 with up down swings and finally closed 90 points down at 26935. Friday, I had mentioned that 26769 was good support on downside and 27300-27359 was good resistance on upside and Bank Nifty can give minimum 200-300 points decline without breaking higher […]

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Further Elliott Wave Analysis updates of Bank Nifty for 03 July 2018 onward

Further Elliott Wave Analysis updates of Bank Nifty for 03 July 2018 onward

| July 2, 2018

Bank Nifty opened flat at 26364, registered high 26371 and declined by more than 250 points to register low 26060 but bounced back again by more than 200 points till 26292 and finally closed 133 points down at 26230. Yesterday, 26310-26277 was the immediate support range on downside with 26161 as pattern negation point and […]

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Elliott Wave Analysis of Bank Nifty on All Time Frame Charts [ Dated : 01-April-2018 ]

Elliott Wave Analysis of Bank Nifty on All Time Frame Charts [ Dated : 01-April-2018 ]

| April 1, 2018 | 2 Comments

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 […]

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Bank Nifty Can Bounce by 1300-2000 Points After Achieving 24048-23842

Bank Nifty Can Bounce by 1300-2000 Points After Achieving 24048-23842

| March 20, 2018 | 0 Comments

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 […]

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Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009

Bank Nifty Can Decline Sharply by 1000 Points After Achieving 25009

| March 15, 2018 | 1 Comment

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 […]

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