"BANKNIFTY: 21225 Above 21260 toady’sResistancewillbe 21310_21360" by trader padiyaraa — published 2017-03-28

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NIFTY BANK (NSE:BANKNIFTY)

NSE:BANKNIFTY NIFTY BANK

Expiry is expected well above 21400
Above 21260 toady’s resistance will be 21310_21360 & 21410
Below 21190 today’s supports will be 21140_21090 & 21020
Weekly BN supports are 20890_ 20758 & 20650
Weekly Resistances are 21350_ 21490 & 21585

Excellent views on nifty and bank nifty

Hi ..In ur earlier analysis..u said after reaching high of 21350 it will come back to 20500 so thats intact or it will go 21500+..In nifty it will be great if u mark waves. YEs Ur mentioning below but on the graph will make much easier for learner like us :) Good Analysis :)

somisettys

@somisettys, when the reality is in front of you, why you want to go back. market is dynamic, it go on changing every moment,
those levels were expected but on 22nd March it supported 20750 in BN and that move is end there. we can expect a reversal to that level again.

Waves counts are difficult at this stage with many possibilities,Nifty from 7894 is jumping up with out any major correction, like "A wave" .
Once the clarity emerges about a pattern , we will again start counting the minute wave with more accuracy.

& Thank you for appreciation.

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