Banknifty Elliottwave count

Banknifty

Above chart of banknifty show cleat 5 wave decline from 21113 level and five wave bottom at 19053.
followed by three reactionary  wave  banknifty shows clear a-b-c wave as zigzag move, currently wave c of zigzag is unfold, if any move below wave b (19245) more further decline expected in banknifty.

Banknifty

above chart shows banknifty retraced 38.2% of five decline and if price face any difficulty trade above 38.2% retracement , expect freefall in banknifty.

Tradesafe!

for more update stay connected with www.niftyelliottwave.blogspot.com

Nifty technical update

Nifty

Above chart of nifty is making new high at every stage but macd histogram shows losing of strength while every new high of nifty macd histogram making lower high indicate more weakness in overall trade in coming trade session.

Trade safe! 

USD INR Ellliott wave update

Simple trend line to watch

Any move above trend line will be strong up trend, but this trend line will most likely remain resistance to cross above TL.

>>> Click the chart to enlarge <<

Chart nifty 4 hour

NIFTY

BankNifty Chart Alert!!!

BankNifty in range

Banknifty

Nifty Technical update

Nifty after a nice swing up towards 12041 nifty started to decline. Here is a chart showing why nifty reversed from such level and how bollinger band resisted  nifty at upper band. Gap in nifty is important to watch as support at 11592. If close below  11592 more weakness may come.

  

Banknifty Update

Change in Trend Indication

Bank nifty 60Min chart

Banknifty

Bank nifty showing -ve divergence on macd and rsi showing the change in trend

Chart Alert!

Nifty update

Where will Nifty Go?

Nifty retraced almost  .382 ( fibo number) of wave 3.
last updated wave count : http://niftyelliottwave.blogspot.com/2019/03/nifty-elliott-wave-update.html

NIfty

Stay connected for next Update 

Nifty Elliott wave Update

Nifty 15Min Chart

Nifty

Nifty Just a Start !!

USD / INR Simple Trendline analysis

USD / INR

USD / INR Simple Trend line to watch

Chart Alert !!! 

Nifty Elliott wave

Lazy baba move can be actionable soon!

NIfty Elliott wave

be ready!!! 

Bank Nifty

Bank nifty

Technically Banknifty weak in Trend 

Dow Jones Ellliott wave

NIFTY IT

Nifty IT index fail to perform comparing to Nifty, Banknifty and many others.

Many newspaper highlights shows end of growth for IT and Pharma company.

But looking at NIFTY IT chart we can see falling Channel line, here many IT stock showing similar pattern and all set for next degree 

Here is a Cognizant Technology Solutions Corp

10 year chart

5 year chart

See the elliott wave degree 

                                 see what NIFTY IT shows 

NIfty IT

                                  Similar story across globe 

                                                       >> click on chart for zoom view <<

NIFTY ELLIOTT WAVE

NIFTY ELLIOTT WAVE UPDATE : 20.03.2017.

NIFTY

CHART TIME FRAME : 60 MINUTE

WAVE START POINT : 8860 

LAST WAVE FOLDING : WAVE 3

CURRENT WAVE : WAVE 4

FORECAST WAVE : AFTER FOLD OF WAVE 4, UP FOR WAVE 5 FINAL ADVANCE

INVALIDATION POINT: 8976 

ALTERNATIVE WAVE COUNT NOTE : ( WILL BE UPDATED AFTER INVALIDATION POINT) 

NIFTY UPDATE

NIFTY

supporting trend line, support over

>> click on chart for zoom view <<

Does Technical Analysis Work When Trading Stocks & Why?

Nifty Update

#nifty

Nifty weekly chart

NIFTY

After a 8 week nifty  Range move above it's higher range of 8300. Nifty signals change in trend.

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MACD

Above Video Help You to Analyze macd histograms, how one can identify early change in  movement using MACD.