Bankniftyelliottwave
Nifty & Bank Nifty Elliott wave update for 28july 2021Nifty & Bank Nifty Elliott wave update for 28july 2021
Bank Nifty Elliott wave update for 26july 2021Bank Nifty entered in a resistance range of 35036-35185.
Now 34926-34827 is an immediate support range for Bank Nifty and if trades below 34827 then again it will be a negative sign.
Bank Nifty Elliott wave update for 10 June 2021 onward34889-34319 is an immediate support range for BN and if trades below 34319 then it can fall towards 31900-30400.
Nifty & Bank Nifty All time frame analysis for 12apr 2021 onwardNifty & Bank Nifty All time frame analysis for 12apr 2021 onward
Bank Nifty Elliott wave analysis for 8march 2021In this video we have discussed elliott wave counting of bank nifty from recent high.
Nifty & Banknifty elliott wave analysis for 3feb 2021 onwardNifty & Banknifty elliott wave analysis for 3feb 2021 onward
Bank nifty elliott wave analysis for 25jan 2021 onwardRED COUNT:
from 20405 wave (i), (ii) and (iii) is completed at 30945 and (iv) completed at 28976.
from 28976 wave (v) started and minimum 38% projection coming at 33003.
Banknifty declined sharply without achieving its minimum projection.
so lets have a look at on blue count.
BLUE COUNT:
from 20405 wave (a or i), (b or ii) and (c or iii) is completed at 24823, 23613 and 32842 respectively.
Now 30664-29316 is immediate support range(retracenent range for wave (iv)).
Banknifty if trades below 29316 then we will confirm that bounce from 20405 to 32842 is abc move and further decline possible.
Nifty & Bank Nifty Elliott wave analysis for 24dec 2020 onwardNifty and Bank Nifty Elliott wave analysis
Bank Nifty Elliott wave update for 22dec 2020 onwardIn this 2hour chart of bank nifty from 20405 wave (a or i), (b or ii) and (c or iii) is completed at 24823, 23613 and 30945 respectively.
29214-28144 is support range for wave (iv) and if BN trades below 28144 then only bigger decline is possible.
