Hello Everyone, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted in previous analysis, BnkNifty was in Down Trend and Sideways . BankNifty to Open Neutral/Small Gap Up .... Tomorrow ...! Resistance Level : 1. 35000 is immediate Strongest Resistance level . 3. Good resistance exists at 35500 and Strong Resistance is developing from...
Banknifty is bullish above 34500. But we can see a strong resistance at 35000-35200 Major Resistance:35000 Major Support: 34000 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Hello Everyone, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted in previous analysis, BnkNifty touched 34500 .... BnkNifty forming the Ascending Triangle Pattern (ATP), which basically is Bullish. BankNifty to Open Gap UP .... Tomorrow ...! Resistance Level : 1. 35000 is next strongest Resistance level . 3. Small resistance exists...
May 17, 2021 (Green Light for Bank Nifty)
Hello Everyone, Hope you all are fine and Safe ..! BnkNifty to open Gap Up 100 pts considering last few min buying. Resistance Level - 32900 and 33000 are strong resistance leve. Since last 2 days BnkNifty is not able to cross this level. So try to avoid first 15 min trade and if you see a reversal from...
Major Resistance:33000 Major Support: 32000 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Hello Everyone, As per my analysis, BnkNifty to Open GAP DOWN. 32500 an important SUPPORT level, if this level is broken then further downfall upto 32000 can be seen. If Bnknifty reverses from 32500, then upward movement till 33225 can be seen.
Banknifty is in sideways ! May expect move in afternoon session. My stance is still Neutral. A week to be extra cautious! Major Resistance:32800 Major Support: 32000 Trade with Stoploss!
My stance is still Neutral. A week to be extra cautious! Major Resistance:32300 Major Support: 31000 Trade with Stoploss!
Weakness may continue in Banknifty My stance is still Neutral. Immediate Resistance:31500 Immediate Support: 31000 Trade with Stoploss! Only for Information & Educational Purpose!!
Nifty & Banknifty elliott wave analysis for 3feb 2021 onward