Expiry Special Analysis for 19th nov'2020.

Nifty Bank IndexNSE

Description

⋅ Nov 18, 2020 2:19 PM

#banknifty view on expiry

Decision Line:- 29,608

Upper targets:- 29,914 / 30,220 / 30,515 / 30,702 / 30,998 / 31,180

Lower Targets:- 29,460 / 29,334 / 29,030 /28,799

Trend Reversal levels:- 29,030

Elliott Wave:- Wave 5 likely in progress:-

Wave 1 is 23,612.70 to 25,733.35 :- 2,160.65

Wave 5 starting point is 27,703.30

0.382 28,528 Done
0.5 28,783 Done
0.618 29,038 Done
0.78 29,388 Done
1 29,863 Pending
1.618 31,199 Pending

Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.

Trade closed: target reached

⋅ Nov 19, 2020 1:07 PM

Comments

mnm1970

⋅ Nov 19, 2020 9:12 AM

again bang on target BN expiry
made money

now looking forward for reliance
thank you

subhagghosh

⋅ Nov 19, 2020 11:50 AM

@mnm1970, Reliance 1900 is Sl

kumarrakesh

⋅ Nov 19, 2020 11:59 AM

super sir

UnknownUnicorn3457694

⋅ Nov 19, 2020 6:50 AM

Dada, oshadharon 🙏

Karthikeyan_S

⋅ Nov 18, 2020 3:35 PM

Thank you

mnm1970

⋅ Nov 19, 2020 9:24 AM

you mentioned wave 5 in progress for BN.
starting is 27700.

but trend reversal is 29030.

Now BN should go down??

subhagghosh

⋅ Nov 19, 2020 11:49 AM

@mnm1970, Wave 5 got completed at 29,785

now ABC correction....I will post my analysis tonight

SChowdhurys

⋅ Nov 19, 2020 5:26 PM

@subhagghosh, Dada Waiting for your analysis and view for tomorrow movement in bnf...

mnm1970

⋅ Nov 19, 2020 7:24 PM

@subhagghosh thank you

subhagghosh

⋅ Nov 18, 2020 6:07 PM

Read price action books.

read AL Brooks books

U can refer ytc materials.