Where to sell BANKNIFTY?

Banknifty resistance starting from 27777 to 28073 as per channel.
Last update was for paid customers at 27777 for sell which was below (4).

 

  • Nifty is going to open gap up 78-89 points positive. Expected 110-129 points positive after opening. We have created a sell strategy for NIFTY
  • Wall Street opened lower on Friday.
  • Oil prices fell on Monday.
  • Moody’s Investors Service on Friday cut India’s GDP growth forecast for 2019 calendar year to 6.2
  • percent from the previous estimation of 6.8 percent.

 

Let’s look at a higher timeframe chart.

 

As per the daily chart , fall is still left but the question is where to sell?
Detected tail in the last secession.

BANKNIFTY target updated on 2:00 PM 28th, AUG 2019

In the last update written to sell banknifty 28310 nearby but, I did not mention target and told you that will update shortly.

Banknifty made high 28245 and started fall down.

Target banknifty 27743(trendline support) and breaking / staying below it will be a target at 27605.

There is not more about BANKNIFTY expected channel Support

Everything is mentioned in the chart

On Jul 18 2019 mentioned that Resistance(30840 nearby) available.

There is still more in small 4 channels of trend is up while 5th Channel is a flat trend.

On the date Jul 14 2019 BankNifty at support of channel

  • Banknifty also difficult to understand as wave movements.
  • Price is near the channel support.
  • Smaller positive new can boost banknifty to upward from the value low.

Banknifty is positive which indicate the direction is not clear and market waiting for news.

We have also gone to smaller time frame to get more confident for the way.

We detected 5 channels in recent created.
After breaking the channel, we have seen a minimum 1000 points move.

We are standing at the ending of the channel, ready for minimum 1000 points move.

Considering this, you will find two Flag Patterns which are indicated by a black line with an arrow. If you observe closely flag-pattern (i) and then you can clearly see a picture of the future if not wrong anything.

 

What we have mentioned in the past has verbatim followed, you can check out above charts also for clear perceptive.

Channel Pattern Closed out for NIFTY?

Pattern CLOSED?
As per our Theory, 5th wave always give you fired move as seen past. You can also check perfection on BANKNIFTY too.

If this is an excess of channel, then target is 11650 nearby and Resistance 11666.

–> Let us remind you.
On the date, Jul 12 2019 Channel first drawn by us.

Exactly NIFTY was moved to (4) and U-Turn has taken directly to control price.

Jul 15 2019, In the chart it was pointed out (5) wave on this chart.

Finally, (5) wave was printed on the date of Jul 17 2019 and Taken Resistance.

Do you think that IS THE CORRECT visualization?

You can see in this chart today’s NIFTY move, it has exactly followed our words moved exactly to the same things we have mentioned.

Accurately happened what we predicted. Channel Was closed out.

TORRENT PHARM Intraday + positonal. (15min dips research)

Due to falling the price, there is very low volume -> (not interested sellers)
After strong price rotation, up spike has been seen -> (buyers wining)

Buy above 1544 is not bad idea VS buying at the dips in support is accurate trade.

This call given to SUBSCRIBERS 29th, May 2019 in last hrs.

BUY TORNTPHARMA EQ stoploss 1508 and buy 1514-1518 and targets 1574

for the more accurate of profit booking level will update soon.

Stop taking long position on TCS…! reason behind it?

  • The left side to the right, each excess have tails before the turn. You can see with both eyes at excess(f) has started to create TAIL which is -ve for long and indicate for reversal the trend.
  • With TimeCycle analysis, 1st-phase has 43bars and 2nd-phase and 3rd phase till continue.
  • Turn on your eye on volume , it’s reducing.

Prev. Resistance is at 2194.5, so seller and profit booking can be seen that time with a TAIL.
Short sellers have two points of target, one Control Price target 2117 nearby and prev. strong support at 2051.