bankniftyelliottwavecount

04:33

chirag_Khasiya

In this video you will get detailed explanation of bank nifty elliott wave counting from recent high 37703.

chirag_Khasiya

If we are right at identifying pattern then Banknifty should retrace from wave (4) in 30907-30628 range without breaking above 31454. And 30907-30628 is also support range.

04:41

chirag_Khasiya

NIfty And Bank Nifty Elliott wave analysis in hindi. If you are not comfortable with hindi then kindly read important points mentioned in charts. Thanks for watching

06:09

chirag_Khasiya

Hello Friends, For the first time I am trying to make idea in form of video and looking for positive response from your side. Thanks

chirag_Khasiya

30511-30251 is support range for Bank Nifty and will consider negative only if trades below 30251. wave 5 projection from 30374 is coming at 31145-31619 range.

chirag_Khasiya

In Bank nifty 30min chart from 28923 wave (i), (ii), (iii) and (iv) is completed and wave (v) is started from 30328. 31049-31495 is the projection range for wave (v) and 30419-30176 is support range. Bank nifty if trades below 30176 then only negative.

chirag_Khasiya

30198-30540 is an immediate resistance range for Banknifty. And if banknifty breaks 30540 level then upside move will continue.