BankNifty timewave view

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NIFTY BANK (NSE:BANKNIFTY)

NSE:BANKNIFTY NIFTY BANK

nifty banknifty sensex timewave

BankNifty follows the same time cycles of that of Nifty . BankNifty for past couple of days had been underperforming Nifty and is a perfect shorting candidate.

However do not be in a hurry, short it on Tuesday, 10th Jan, once I confirm Nifty has completed its current running Timewave.

Comment: As Nifty and banknifty follows the same timecycle and as I had updated today at 15:00 in my Nifty's idea that its now up till 12th jan, same applies to BankNifty as well. Short it now on 12th only after I confirm on Nifty's analysis. Please follow my Nifty analysis and apply the same to BankNifty henceforth. Thanks!

Hi Pankaj,

How to learn this Time wave analysis.?

Is this applicable for Stocks as well?

Regards,
nandha

jayanandha

@jayanandha, yes, its applicable to stocks. Someday I will hold a class, its a bit complicated. You can read the details here: https://timingnifty.wordpress.com/about/

Hi Pankaj,

Yes I am following you and your recommendation.

jayanandha

@jayanandha, Most welcome :). Will help you in every possible way.

pankajvw

@pankajvw,

I am working in IT but too much interested in Stocks and Technical analysis.

Regards,
nandha

jayanandha

@jayanandha, Glad to hear that as I am also a software engineer in an MNC. I too started with technical analysis, but my view on it is negative.

Can u help us here confirmation means in timewave how to understand. If banknifty follows the same as Nifty, u said Nifty will go upside on 10 and even 11th also, then how Banknifty can be short candidate. Will u inform us if short is initiated or how it to understand.

Sathaiah

@Sathaiah, Yoy are absolutely correct, what I said was wait for my confirmation, and in Nifty's analysis today at 15:00 around I updated now its up till 12th Jan. As BankNifty also follows the same timecycle, it too is up till 12th now.

pankajvw

@pankajvw, You use numerology or astrology or on what subject this theory works i could not understood, i have joined u on telegrame just now, please update me your view on banknifty and nifty. thnks

Sathaiah

@Sathaiah, Its a most frequently asked question and you can find complete details here: https://timingnifty.wordpress.com/about/

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