Bank Nifty 4th September Analysis. Expecting Bnf to fall till 43985 or a rise till 44944 after crossing a barrier of 44566
Elliot wave. Bold/Experimental idea. You can try shorting (buying in the money PE) with 1-2 lots using the correct Pivot as per your intuition. Once BNf goes down below Pivot 4, a put option can give you 100 points profit in terms of option premium. If BNf goes above Pivot 1, the Elliot wave does not hold true. 5th wave wont happen with proper momentum.
Bank Nifty if moves up, has chances of reversal from the zone drawn in the diagram. After reversal will fall till the bottom zone drawn. BankNifty, if crosses the above zone, will go till the 1st resistance. Support Zone 44296 to 44207. If BNf goes belo 44207, trail the stop loss
Bank nifty 2nd August predictions. Expecting the BNf to go down tomorrow. Levels are marked. Please enter below 45230.
Bank nifty zones along with the head and shoulder breakout. expecting 900 points fall in coming days
Head and shoulder breakout with a 940 points expected fall. Currently re-testing. Once crosses the zone, will fall 940 points. Be ready for loads of points.
Bank Nifty demand and supply zones and future non-linear support-resistance
Bank nifty Levels for 27th July 2023. Completion Start of the 3rd elliot wave and the path of the wave using pitch fork projection.
Hoping to breakout by august 10th Britannia Aug 3500 CE has good chances of doubling if bought at CMP
Bharti Airtel breakout. Final target is 680
Long Green candle forming, but not reflecting in the option price because of lack of volume. Need a green candle volume push. 1 big volume push happens atleast once a day. It has not happened yet today. We can expect a big volume push-up in next 2 hours and then it will reflect as increase in option price
R1-642 R2-645 R3-650 R4-(strong)-655 S1- 630 S2- 622 9th July had small red candle with long bottom wick (buy pressure), tomorrow can be a small green candle which can reach up to 640 Break out if a green candle closes above 655 with target of 662
The handle formation seems to be complete. We can expect spot to go up from tomorrow.