Nifty and Nifty Bank and stocks Elliott Wave Analysis Live

Nifty and Nifty Bank and stocks Elliott Wave Analysis Live

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Nifty Bank : 30 min Chart with Elliott Wave Analysis

BAnknifty moving in yellow channel  and yesterday made impulse move towards channel top and now consolidating in form of wave abc .  Nifty Bank having strong support of key levels 44440-44470

Still it seems that wave C upside is pending and which may continue post mono wave a-b-c consolidation.

Nifty Bank 30 min chart with elliott wave analysis

Nifty Bank : moved as anticipated.. 150+ points

In the morning we analysed that mono wave a-b-c in progress.. till now made low near  44265. Nifty Bank achieved the minimum target . here profit booking  and trailing with tight stop loss advisable.

Nifty bank happened

Nifty Bank : post consolidation bounce came as expected

In earlier discussion we anticipated wave c down consolidation than we reminded on time that wave c achieved its minimum target and one must part book profit and trail with tight stoploss. Banknifty spot made low near 44207 and given sharp move as expected by elliott wave analysis.

This is the power of Elliott wave and one must learn to master the market. Book you seats for webinar today. you may contact us via email or filling the form.

Reliance Industries : 30 min Chart with Elliott Wave Analysis

Reliance Industries given breakout from triangle pattern at the bottom of falling trend and now forming rounding bottom.

Reliance Ind

Reliance Industries : remain sideways

Reliance industries remain sideways by multiple time tried to touch resistance band during the intraday.


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Bharat Petroleum Corporation Limited : BPCL Elliott Wave Analysis


Bharat Petroleum Corporation Limited : moved as anticipated

BPCL was anticipated by elliott wave analysis to move upside and made high near 352.75 .. done double top in 5 min chart. This is the power of elliott wave analysis which give logical prediction of next move based on previous wave.


BPCL : upward move continue as anticipated


Jindal Steel & Power Limited : Elliott wave analysis

Jindalsteel in corrective impulse down in form of 1-2-3-4-5. Here profit booking or short covering possible. and upside move towards 710–715 possible. its buy on dip now…  Support near 690–695


Jindal Steel & Power Limited : took support as analysed

jindalsteel made low 697 as  near the support zone 690-695 discussed above . and too reminded not to further short this counter as it is near the support.


This are just the glimps of powerful technique of elliott wave analysis. it works in intraday as well as for long term trading. If interested reach out to us for webinar.

Happy Trading !

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