Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Is Bank Nifty Forming An Ending Diagonal?

free nse bank nifty daily chart tips

free nse bank nifty daily chart tips

Bank Nifty has completed the corrective wave (4) at 31208.
After the climax of wave (4), we have seen an impulse phase with overlapping nature. According to Elliott’s wave theory, 5th wave can become an ending diagonal.

I will update the intraday chart of the bank nifty soon.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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6 Comments

  1. Hello sir, I would like to know about Nifty. Your last call was impressive.
    You are doing great work for individual traders. Guru and dev both are market wizards!

  2. Analysts are scared to share the Banknifty ideas.
    I must say you have guts. Bank nifty’s move is very complex this time. Everybody is silent about the next move.

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