Wave 4 is about to complete. After then, there could be strong up-trend for wave 5. BankNifty analysis:
Up trend is not yet started. It is part of wave 4 correction and going for long time. Check the chart for more details.
Up trend is not yet started. It is part of wave 4 correction. Check the video for more details.
Up trend is not yet started. It is part of wave 4 correction. Check the chart for more details.
In my last analysis, I told that unexpectedly wave 4 was completed and wave 5 rally started. But looks like still in wave 4 and forming more complex. Refer the chart for more details.
I have done some inner wave changes in wave (5). Refer the chart for more details.
In 1 or 2 days BO (break out) is about to happen. Don't miss the rally. BankNifty can out-perform Nifty. It can be final bull-trend from Mar'20. Lower degree wave count:
In 1 or 2 days BO (break out) is about to happen. Don't miss the rally. It can be final bull-trend from Mar'20. Lower degree wave count:
Wave (4) completed at unexpected place. Now wave (5) is in progress where wave 1 of (5) completed and wave 2 of (5) is in progress. BankNifty
I was expecting 'Triangle correction', but based on Friday formation, it could be combination correction. For more details, refer the chart. BankNifty
Leading diagonal from 19apr is about to complete. Now it is in final leg - w5 of 5 of 5 and which may be extended up to 36200-300 level, This is invalidated if breaking below 34850 level before testing 35810 level. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions. Wave count from Mar'20 low:
Wave 4 is in progress and forming triangle correction.
An impulse from 22apr is about to complete. Now it is in final leg - w5 of 5 of 5 and which may be extended up to 16000-50 level, This is invalidated if breaking below 15770 level before testing 15902 level. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions. Wave count from Mar'20 low:
Wave b of B of a correction is in progress. Tomorrow we can expect small fall. BankNifty
It is reversed and moving higher in coming days. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
It is reversed and moving higher in coming days. Disclaimer: This is just my personal view. You are advised to rely on your own analysis while taking trading decisions.
Explained in details why Nifty can be heading towards 14800-15000 level if breaks below Friday low (15450) and BankNifty to 32500 level. Watch the video for more details.
Nifty and BankNifty are in wave 5 of (3). Wave i of 5 was completed. Use wave ii correction to go long. Projected level: 16050-100 and 36000-36100. BankNifty