Monday, October 28, 2019

NIfty/Bank as of 27th Oct 2019


1. 11091-11321=230
2. 11321-11190=131
3. 11190-11714=524
4. 11714->11514(38.2%) - done @11491?
5. 11491->11729(38.2%)/11876(61.8%)


If 5th is subdividing  -
i.   11491-11619=128
ii.  11619-11573=46
iii. 11573->11731/11750/11780(161.8%)

Long above 11670, short below 11580; weak below 11555.



BankNifty Spot - Long above 29622, short below 26390.


Monday, October 21, 2019

NIfty/Bank as of 18th Oct 2019

Nifty spot  - Long above 11690, short below 11630.

As per count below, 3rd might have finished @11685 and 4th will start -

1. 11091-11321=230
2. 11321-11190=131
3. 11190->11650(200%)/11738(138.2%)/11792(261.8%)

3rd wave in subwaves -
i.   11190-11420
ii.  11420-11313
iii. 11313->11685(161.8%)
iv.  11685->11544/11485(38.2%)
then vth to 11750+/- to complete 3rd wave.

BankNifty Spot - Long above 29215, short belo 28986


Wednesday, October 16, 2019

Nifty Spot - Shot below 11435, long above 11515(strong above 11472)


BankNifty Spot - short below 28450, long above 28700


Tuesday, October 15, 2019

Nifty/BankNifty as of 15th Oct 2019


Nifty spot - Long above 11470, short below 11390.


If B.c has to start -
B.a  11694-11091=603
B.b  11091->11321/11464(61.8%)/11535(73.6%)
B.c   11462->????


BNS  -Long above 28675, short below 28460.

Sunday, October 13, 2019

NIfty/BankNifty as of 11th Oct 2019



Nifty Spot -
Long above 11372-92 if crossed firmly; 11372-92 is also selling area. Short below 11202.

Nifty Spot (hour chart) - Long above 11350, short below 11260.

BankNifty Spot - Long above 28154, short below 27953


Thursday, October 10, 2019

BankNifty as of 10th Oct 2019


Nifty Spot  -long above 11292, short below 11202.

11091-11321=230
11321->11206(done ar 11208?)/11179



BankNifty Sport  -Long above 28154, short below 27953


Wednesday, October 9, 2019

BankNifty as of 9th Oct 2019


Nifty Spot -

Resistance zone 11350-70, long above it and sell if not able to cross it. Short below 11270.


BankNiftySport -

23.6%/38.2% retracement(4th subwave - probably a flat or triangle ) of current rise from 25751-> 28554/28366



BNFF - short below 28840???


Thursday, October 3, 2019

BankNifty as of 3rd Oct 2019

BNS - Short below 28330, long above 28670(below it look for short)

15 min chart-

C.3.i     30712-29823=889
C.3.ii    29823-30111=288
C.3.iii   30111-28085=2026(~223.6%)
C.3.iv    28085->28563/28859(38.2%) - done @28819?



Wednesday, October 2, 2019

BankNifty as of 1st Oct 2019



BankNifty Spot - Correction is in progress from 31784.

BNS count on weekly chart -
A  31784-26641 = 5143(in 5 subwaves)
B  26641-30801=4106(in a/b/c ~78.6%)
C  30801-> 25700(length of wave A and parallel line from start of A to end of B - december end)


In daily chart, wave counts are much clear, C wave counts  from 30801-

C.1   30801-29470=1331
C.2   29470-30718=1248
C.3   30718->28564(161.8%)/28056(200%)/27133(261.8%)/26725(300%)




In hourly chart from 30712(different numbers on daily and hourly chart)-

C.3.i     30712-29823=889
C.3.ii    29823-30111=288
C.3.iii   30111->28085(is 3rd done??), 27993(238.2%)/27784(261.8%)
C.3.iv   28085->28819(4th started??)



In 15 min chart, is a 5 done from 30712 ?
C.3.i     30712-29823=889
C.3.ii    29823-30111=288
C.3.iii   30111-28945
C.3.iv   28945-29299
C.3.v    29299-28085

From 28085 C.4 is started with C.4.a done at 28819(in 5 subwaves) and C.4.b to start ?
OR C.3.iii is done at 28085 and C.3.iv also done at 29299 and C.3.v to start downward ?
OR C.3.iii is done at 28085 and C.3.4.a is done at 29299 and C.3.4.b to start downward ?




Long above 28990, short below 28650

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...