Tuesday, March 31, 2020

Bank Nifty as of 31st Mar 2020


Bank Nifty Spot -

'c' of 4th still in progress?

Long above 19300, short below 18870.
Sell 20000CE below 19300 and sell 18000PE above 19300         

Saturday, March 28, 2020

Bank Nifty as of 27th Mar 2020


Bank Nifty Spot -

Bulls trying to cross 21400 and bears trying their best to keep them below this number. So staying above 21400 is critical for bulls for further up move. Below 19750, scenarios will favour bears.

Looks like a five wave up move is in progress from 16118 as -
1. 16118-17635
2. 17635-16638
3. 16638-21451
4. 21451-> 19612(38.2%)/19004(50%)/18477(61.8%)

If 4th still in progress and 'a'/'b' are done; 'c' can target as -
a. 21451-19719=1732
b. 19719-20593
c. 20593->18861/18199


Wednesday, March 18, 2020

Bank Nifty as of 18th Mar 2020


Bank Nifty Spot -

50% of  1-3 wave is almost done near 20000+/- and 61% will be near 18500.

Long above 20925, short below 20430.

Bank Nifty Future -


Tuesday, March 17, 2020

Monday, March 16, 2020

Sunday, March 15, 2020

Bank Nifty as of 31st Mar 2020

Bank Nifty Spot - 'c' of 4th still in progress? Long above 19300, short below 18870. Sell 20000CE below 19300 and sell 18000P...