Bnagesh56

Bnagesh56

Positionaly nifty 16441 is strong if breaks any day will drag again towards 15700/15400 is possible.in this month so very careful observation is needed,if above 16700 will buy for the target of 16880 levels,

Bnagesh56

Nifty is in bearish so short @16200 range stoploss at 16263 atleast 15 min candle above completly target for 15212 Today completed hormonic ABCD pattern as shown in the chart. weak below 16019 major correction towards 15380 and 15210 range, positionally showing target is 15000 also, bullish shark will complete @15380, trade cautious and desciplane, this only...

Bnagesh56

Short nifty at 17011, stoploss is 17122 target 16824 still weak in nifty, in this month may drag towards 15200 zone, some up moves are there, study charts then buy

Bnagesh56

Today weekly and monthly closing so very big movement either side, so buy above 17349 only,if below 17120 may drag towards 16612.

Bnagesh56

Today if close below 17119 confirm towards 16612,if above 17351 it confirm towards all time high, so today daily, weekly, and monthly closing is very important, high volatile what ever the movement is very big today

Bnagesh56

17151 above only move towards 17220 range, if not sustain then fall

Bnagesh56

Possible to touch 16810, from there to a small bounce to check 17122 again or may not, overall nifty weak heading towards 16612 possible it is the key for new high 19200 or 15200

Bnagesh56

Nifty very week short below 17122 for the target of 16810 then may bounce back 17000 level stop loss 17241 at least close above compleat 15 min candle,

Bnagesh56

My educational observation only and educational purpose only when it breaks 16600 only 15200 possible by may 18th of may 2022, if it will done then only move towards all time high by september 2022. Tripple drive can takes place from 15200 to 19200, what ever the fundamental news from (19200)there to only 50% correction, there is going to complete 5 th wave at...

Bnagesh56

Sub wave formed as shown like, expecting 1,2 sub wave projection 1.618 is placed at 17576, below this can short for the target of 17248, and then may extend 17100 stop loss 17651 complete candle 15min above, do your analysis,

Bnagesh56

Nifty weekly candle formed doji, if breaks 17600 and sustained 1 hour complete candle below target is 17100,stop loss 17800 above compleate 15 min candle closing.