NSE:BANKNIFTY   NIFTY BANK
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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

Comments

Sir please update your whatsapp no my whatsapp number 9405182828
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ShreeKrishna yogeshpattanaik
@yogeshpattanaik, i dont have whats up Group sir ,
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You Analysis is truely appreciated.
Great Knowledge with good intentions. Salute to you...
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Sir, any specific reason to enter a trade only after a 2 hr close?
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@Jay2649, Look like we need strong reversal before taking long positions.
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ShreeKrishna SShivamurugan
@SShivamurugan, yes its true , thanks for your kind message
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@ShreeKrishna Nice analysis, Sir. Concept of Function of Price and Function of Time is very interesting. Thank you.
Reply
ShreeKrishna GurunathSatam
@GurunathSatam, You are welcome
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Hi what is the time frame for the same?
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