Sunday, January 5, 2020

Bank Nifty as of 3rd Dec 2020


Bank Nifty Spot -

If corrective A has started from 32611 -

A. 32611->?
   a. 32611-32062
   b. 32062-32463
   c. 32463->31914(100% of 'a')/31784(123.6%)/31704(138.2%)

'c' finished in 5 subwaves at 31962?? or just 1st wave done @ 31962 and 2nd done/progress as -

1. 32463-31962
2. 31962->32080(23.6%)/32153(38.2%)/32272(61.8%) - done @ 32111?
3. 32111->31492(123.6%)/31419(138.2%)

Long above 32125;more high above 32190/32330. Short below 32025; confirmation below 31980.



Bank Nifty Future (Renko) -
Long above 32200; more high above 32271. Short below 32109.




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Bank Nifty as of 31st Mar 2020

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