NSE:BANKNIFTY   Nifty Bank Index
Now it is Getting Interested , When I posted Nifty The comments ware that it will go down , And Now i am posting BNF and i am not surprised if you see the same comment

The facts are far away form the retailers thought process , and reality is always different ,

Let me see how many different comments i will see here

This one is Going up for one more move up , There is no doubt in my Gauging the Market

Good luck people
Comment:
Well technical analysis of Price data , is based on two Methodological system
01) Function of Price ( Rapid Rate of change)
02) Function of Time ( Slow rate of change )

During Function of Price, Price moves faster ignoring the time taken to move it
for example it can move in 15 mints more than 5 % by price and pause before making another move of 3 % during the same day or following day

During Function of Time , Price moves back and forward creating an complex structure or Pattern which we call it as Corrective Patterns , Corrective patterns tend to consume more time to make price moves but do not move in rapid manner

I am updating this as a common message those who have asked me about time factor , Now it has completed its Function of Time and it can move anytime in rapid manner

I wonder those who are trying to teach Elliott wave or any system have a knowledge of this kind , if you see anyone who is running a telegram claiming he or she knows everything , demand Balance sheet or P & L for last 6 Months , You will come to know the results very Quickly

Good luck , I want to repeat again wait for strong close on 2 hour if you lose few points let it go , but you will be more assured for the next up side move
Comment:
The winner is ShreeKrishna , Yeeeeee haaaaaaaaaaaa ,
Comment:
Oh Ya , some one Trying to tell me that I need to Think ,

I dont need thinking , I stopped , ha ha ha ,

Making money is easy folks , so far from 17250 to 20950 , 3700 Points per lot

did you made this ?? ha ha

Happy trading friends
Trade closed: target reached:
Yes this one also made to my 1st Forecast , I will update on secondary forecast on Friday

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.