ShreeKrishna

Long ( De-Coupled Pattern )

Long
NSE:BANKNIFTY   NIFTY BANK
874 views
14
Previously my forecast was in line with Nifty forecast , and I was looking Extended view in Bank Nifty ,

Apparently the the inline patterns have de-coupled from each other , there was always an relative movements between them , NIfty and Bank Nifty

this time its not , Institutions are more smarter , they put most complex patterns in order Gain Maximum benefits , well its their business

As A professional analyst , we tend to have more dedicated approach when Question come to Indices , which are highly rigged ,

This one is heading up for one sharp extension move before making an relative correction ,

One can look for buy set up in BNF for next couple of days or until this visual pattern negated ,

Good luck
Comment: indeed this pattern pan out , i was bit confused for a little while considering my approach and market movement forecast

it might have not worked 100 % but its made the possible expected move ,
Now i am looking for turn around near 20200 to 20400 for next move up side direction
The one who is weakest in Mind will look for commenting in others Chart with abusive Mentions , Reach me for your Quarries

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Comments

this patter worked exactly same with point of levels , only things was timing ...

sir please update if u still see more upside on bank nifty from your target area which is almost achieved ?
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looks like this pattern is working, its took approx a month to meet the target, looks like internal 2nd or 4th wave if 29000 is the final target
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Hi krishna ji,

I am looking for U turn in bank nifty at 22000 levels itself, as if bank nifty goes to 20200 then nifty will go below 11100 levels.. and below 11100 the bigger downtrend starts which isnt on your cards right now ..
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Buy setup bana kya sir jee..
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sir ji, it stuck , how will it reach 25k, india vix has bounced with sharp rising candle .. heading to 10200 levels in nifty ...
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Sir ji, any new outlook or still the structure is intact on upside ..?
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sir, what will be new scenario of banknifty now? as it is crashed to 21000 today.
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Nifty tomorrow 11300 200+++ points
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s. Hope it will reach higher ends.
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