Tuesday, December 31, 2019

Bank Nifty as of 31st Dec 2019


Bank Nifty Spot -

1. 32611-32249
2. 32249-32389
3. 32389->31944(123.6%)/31891(138.2%)

If 3rd is subdividing then -
3.1 32389-32140
3.2 32140-32328
3.3 32328->32020(123.6%)/31984(138.2%)/31925(161.8%)

Long above 32252, short below 32084.


Bank Nifty Future (Renko)-

Long above 32432, short below 32333.

Monday, December 30, 2019

Bank Nifty as of 30th Dec 2019


Bank Nifty Spot -

1. 31975-32611
2. 32611-32249
3. 32249->33035(123.6%)/33128(138.2%)

Long above 32400, short below 32290(32323).

Bank Nifty future(Renko)-

Long above 32590, short below 32500; more low below 32470.

Sunday, December 29, 2019

Bank Nifty as of 27th Dec 2019


Bank Nifty Spot -

Wave counts from 31975 -

1. 31975-32372
2. 32372-32309
3. 32309->32800(123.6%)/32858(138.2%)/32951(161.8%)

Short below 32380, more low breaking 32330. Long above 32475 or if bank nifty spot sustain 32400/380 for quite some time.
32250/200 could be buying area incase fall.

Thursday, December 26, 2019

Bank Nift as of 26th Dec 2019


Bank Nifty Sport -

A 5 wave count from 32500 -
1.  32500-32198=302
2.  32198-32358
3.  32358->31980(123.6%)/31941(138.2%)/31869(161.8%) - done@ 31975?
4.  31975->32099(23.6%)/32176(38.2%)/32299(61.8%)

Short below 31980, Long above 32070


Wednesday, December 25, 2019

Monday, December 23, 2019

Bank Nifty as of 23rd Dec 2019


Bank Nifty Spot  -

Long above 32396, short below 32294; more low below 32200.


Saturday, December 14, 2019

Bank Nifty as of 13th Dec 2019

Bank Nifty Spot -

If impulsive move started from 30998 then wave counts are as -

1. 30998-31468
2. 31468-31422
3. 31422->32003(123.6%)/32072(138.2%)/32182(161.8%) - done @32098?
4. 32098->31938(23.6%)/31813(38.2%)  - done @31960?
5. 31960->32220(23.6%)/32380(38.2%)/32310(61.8%)

Long above 32080; more height above 32132. Short below 31960; more low below 31892.


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...