Bank Nifty Hourly
Bank Nifty hourly chart will breakout above 19100 for target of 19800/20000.
Bank Nifty Hourly EW Daily
Hourly Elliot wave analysis is shown,19166 will play crucial role next week.
Bank Nifty EW Daily
This is what we discussed last week Long term Elliot wave is drawn on Bank Nifty which gives target of 19819, so dips till 18000/17800 should be bought into.
Bank Nifty made low of 17504 and zoomed up 1500 points.
Bank Nifty Daily Bias
Bank Nifty daily bias has shown an ascending triangle breakout signifying a bullish breakout. Target of the breakout comes around 20K
Bank Nifty Gann Dates
As per time analysis 09 Jan is Gann Turn date , except a impulsive around this date.
Bank nifty took support@ Fibo fan line suggesting still in buy on dips mode. Now break of 19200 will suggests more new highs are coming.
Bank Nifty Weekly
Bank Nifty Weekly chart took support at middle of AF line and harmonic pattern suggests still its in buy on dips mode.Break of 19200 will suggest bank nifty can move up and form new life high.Bank Nifty has moved in positive quadrant.
Bank Nifty Monthly
This is what we discussed in last analysis Bank Nifty in current correction took support@ 200% channel which is extremely bullish in short term. Holding the same Bank nifty can approach to make a new life highs.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:19076
Bank Nifty Resistance:19206,19446,19596
Bank Nifty Support:18946,18816,18686
Levels mentioned are Bank Nifty Spot
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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