Nifty-chart
Nifty hourly Elliott wave analysisThe move from 17348 is corrective. There is no way an elliottician calls it an impulse move going on.
So, the move should be correct 100% to justify it as a corrective move.
There are a few corrective moves that don't retrace fully, eg. the legs of a triangle. But this move seems like it should correct 100% soon.
A good elliottician is not the one who always has counts, but the one who give counts when there is most and more probability and possibility.
Bank Nifty Intraday StrategyHi Everyone...
Hope You all are doing good:))
Here are all the important levels of #Banknifty
How to Trade Today...
1. If banknifty break the levels of 35000 then go for PE, 35000 is psychology level and a good support so trade only after breakout only.
2. If we also got the market at the levels of 35800 then go for PE also
3. Go for CE if banknifty take support at the current levels.
That all for the day..:))
Bank nifty long position Hi Everyone... Hope you all are doing good....
So let's talk about today's trade as you all know from last few days market gives us a gap up opening and after opening market moves in a short range....
So how we have to work in banknifty let's see...
Conditions...
1. There is a strong resistance at the level of 36600 so if banknifty break this level and give us closing above the level then go for the CE and the tragets are 36800, 37000 and the last one is 37300
2. If banknifty breaks the previous day low which is 36300 then go for the PE and the target is 36100, 36000 and the last one is 35800
Hope you all are understand the levels and please follow and like for daily updates.
Bank nifty long position Hi Everyone.........
Here are some important levels of banknifty....
First of all there is a trap in the upper level 35000-35600 of banknifty don't go for the CE position untill a clear break out......
Trade for the day......
1. I'm comfortable to buy only after the level of 35600
2. If bank nifty can't break the level of 35600 the go for PE till 35000
3. Also short if bank nifty give the closing below the level of 34800
4. I'm comfortable to buy CE only at the level of 33800
Here is all the conditions for today hope for great day................