Thursday, July 12, 2018

NIFTY/BANKNIFTY -13-07-2018

Nifty -
I.    10558-10736=178
II.   10736-10605=131
III.  10605-11078=
IV.   11078-->10966(23.6%)/10897(38.2%)/10786(61.8%)


BankNifty -
1.   26070-26344=274
2.   26344-26121=223
3.   26121-27151=1030(~400%)
4.   27150-->26907(23.6%)/26757(38.2%)







Probable counts of irregular corrective

A.10930 to 10417
B.10417 -10893-10557-11033(if C equal A)

But today nifty broke abv 11033

So probably can move up towards 11130 to 11150

Then C can see fast downmove of 500 to 550 pts

From there another upmove shall start for 11550 to 11600 range 

B can do near 1.4xA

Wednesday, July 11, 2018

Nifty 12-07-2018

Nifty -

I.    10558-10736=178
II.   10736-10605=131
III.  10605-10977(~200% done?)/11003/11030/11071
IV.  10977-10889(23.6%)/10838(38.2)


Banknifty - watch 26730 and 26830(5EMA) levels to take trade





9952..10257..10562..10868..11172...sl will be 25 points below or above it..all numbers r close numbers...sls should be used strictly..this move has started from 10558.......

weakness at 938/895/888 - 888 breaks in NF bears in upper hand

Monday, July 9, 2018

Nifty 10-07-2018

1st possibility - NS will got up till 10860-70 and then start falling back
2nd possibility -NS will open gapup above 10860 and will go above 10900+

If open and stays above 10865, go long, SL 10845



Thursday, July 5, 2018

Nifty 06-07-2018

Long above 10784 or near 10710, short below 10680





Banknifty -Long above 26600-26650 or if it come near to 26400 and hold there then enter long.
If break 26400 decisively then enter short near 26370 keeping 26400 as stop loss.


Sunday, July 1, 2018

Nifty 02-07-2018

Sustaining above 10850 spot is a must for Upmove, inability to sustain above Friday's high(10722) can lead to more weakness

short below 10680, SL-10711
long above 10745, SL -10690



Banknifty -  Long above 26470, short below - 26320 ;; SL 26390 bor both long and short??


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...