Bank Nfty analysis elliot wave formation Short

Nifty Bank IndexNSE

Description

⋅ Nov 29, 2020 11:25 AM

bank nifty is forming a elliot wave formation.....right now bank nifty is in consodidation mood....if it break the first trendline..thn we can see downfall upto 29000 and thn to 28000

Comments

rkt5111972

⋅ Nov 30, 2020 9:18 AM

@wadudanon thanks.if at all to hold then what will be SL?

dotdotbot

⋅ Nov 30, 2020 9:32 AM

@rkt5111972 lets wait for tomorrow market

rkt5111972

⋅ Nov 30, 2020 9:13 AM

?Holding put 29500 is it good

dotdotbot

⋅ Nov 30, 2020 9:14 AM

@rkt5111972 hold monthly put... dont go for weekly

elisha13

⋅ Nov 30, 2020 8:22 AM

What time frame is this?

dotdotbot

⋅ Nov 30, 2020 8:25 AM

@elisha13 this is 45min timeframe.. u can see this in 15min,30min,1hr,4hr timeframe also.... leave a like and follow me for more such updates

RaviPolavarapu

⋅ Nov 29, 2020 2:13 PM

correct, bolow os my larger picture.

dotdotbot

⋅ Nov 29, 2020 2:23 PM

@rkpolavarapu yup bro

Kakerot

⋅ Nov 29, 2020 12:50 PM

good luck, with the recent GDP data i don't see the fall, VIX down 13% in the last 2 days. the market is losing the covid led volatility