Hi all, Expected the Bank NIfty test Pivot level (29749.53) or 3 Days HIgh or Previous day HIgh (29919.75) Also Triangle pattern formed..
I am not familiar with Elliotwave analysis... is it correct any body comment???
Scenario 1:- If Opens with Gapup, this will test 3 days High.. and will go down... Scenario 2:- This seams raising Wedge Pattern.. So expect to get down. will test S1 or 3 days Low
Formed falling wedge pattern, expected with gap up move.
Nifty Levels are plotted, currently formed falling wedge pattern and will open with gap up..
Symmetric triangle breakout done.... SBIN expected to move as per levels mentioned
Hi All, Infy is currently taking the trend line support and completed the falling wedge pattern. Now price moving towards 1145 and expected to be complete on 19-11-2020 and the 2nd target 1165 is expected to complete on 20-11-2020
If Nifty Closed in first 3 candles - in 5 Mins Time frame above the CPR Level then the target will be previous day High @ 11225.65
tomorrow Bank Nifty May Gap Up with 219 Points Or gap down with testing of Previous day Low @ 21448.40
Nifty currently closed in demand Zone.. Pull back expected
Expecting Gap up and Gap down... Probably Gap up
HI All, SBI tested most of the times to break out the level. Now it is forming wedge pattern and expected to breakout shortly. And as per fib level it will reach the target.
Coal India formed triangle pattern... Break out will be done as expected
Probably tomorrow Bank nifty gap up