Bank Nifty - Monday Bank Nifty First uplevel - 36200 then Down Level 35000
Nifty morning open @ 17300 to 17360 then it will comes down to 17100 after it goes up to 17300 finaly it will comes down 16925 it is my idea so becare to trade as per elliot wave analysis
Morning maybe Upside (include pre-open) level 34800 to 35000 then it will be down level 34000 kindly becare because market is dynamic so this is my idea to learn for you. Thanks Franklin
As per 60min Chart Nifty monday morning goes up level @ 13840 and more (wick level high ) but 1 hr close @ 13749 Nifty coming week down to 12800 ( step by step as per lower time frame basis) Reason correction side almost 4th wave completed so it take turn to down ( 5th wave ) so down movement may be fast Becare friends
As per Chart Bharti Airtel Monday Morning goes to up @ 528.20 ( Wick level High only ) but 1 hour close @ 521 After that it will be comes to down @ 400 range ( within few days or weeks ) Reason correction side second wave almost completed only retest remaining so After retest it will travel on 3rd wave (correction) So Becare friends
As per 60 min Chart Nifty will go today or tomorrow @ 13728 and wick level is 13785 Reason : correction side 4th wave is running almost it will finished @ 13720 after it will reach @ 13728 next it should be come down to bottom @ 13250 ( as per lower frame structure basis ) so Becare Friends
As per 60min Chart 1 . Banknifty today up to 30419 and 30419 to 30600 ( wick level 30420 to 30600) 2. Reason : Correction Side 4th wave is running now also structure or pattern should have to form double top pattern so banknifty up to 30419 (may be wick level 200 points more) 3. Next Move : Suddenly may down to below the correction side...
As per Day Chart It comes down to small retracement possible to minimum down 23.68 percent retrace may be sure Reason : almost as per chart 5th wave fininshed also reverse pattern is there so more possible to down 435 within months BeCare Friends
As per hour chart corrections are doing tmrw correction wave 2 will be completed (505 to 510) 3rd wave may take down to target 490, 480 to 475 then rest @ previous strong support and take invert U turn as on 09 dec 2020 the stock upward 505 to 510 then it will take reverse to downward
As per 4Hr Chart Basis Tvs Motor today it is in 5th wave so it may go 515 to 521 then it will comes down to 490 so Becare
As per 15min Chart, Bharti airtel coming days it may comes down still 5th wave of correction not completed so down to previous support ( 497 to 477 )
Monday Morning AxisBank up movement is there - 610 to 616 After it will down to target 587 to 580 step by step (as per lower timeframe structure) Reason: now stock is Correction side 4th wave it has to make reverse to 5th wave so stock should reach previous high point or reach 1 st wave retrace level then it gets lower high and lower low to target step by...
As per 15 min Chart Retracement will be started so ITC comes down ITC comes down to 205 to 190 Reason : already correction started @ low Timeframe so minimum retrace level 23.6 percent will be come down to 205 to 190 note : Becare friends (Share my opinion only)
As per 30min Chart First it will go 500 to 510 (correction side second wave) then sun tv come down to 460 (correction side third wave )
As per Day Chart Nifty may down to 12250 within month Reason : nifty almost 5th wave completed so going to correction for swing reasonable minimum 23.8 percent will be retrace @12250 it takes 30 days period sometimes it may be suddenly Swing Retracement will be starting almost 5th wave completed so becare
As per one hour chart Basis my opinion on tatasteel down to 580 within days or weeks Reassn : 3 swings are completed and retest is almost finishing so correction wave are already starting Minimum retrace of swings 23.68 percent s 580 so becare friends
As per day chart ITC takes retracement for upward swing so minimum 23.68 percent take down to min 205 to 190 so friends be care
As per 15min Chart Banknifty Banknifty Morning will go up to 30700 and above (wick only not close) 3rd wave are running @ correction side so index come to 30200 and below may be my opinion of banknifty tomorrow afternoon downs to 30400 is first target and second target 30200(may be next day)