Have you read the previous research report of Nifty 50?
Click Here – IS NIFTY ABOUT TO RESUME BEARISH THE MOVEMENT?
Nifty was in the indecisive movement where the price has formed a triangle on the daily timeframe chart. It was at the control line of the parallel channel.
I had mentioned in bold words, “If the price sustains below 17000, traders can expect good selling up to 16900 – 16821 – 16769.”
Nifty had broken down the support level of 17000 and started falling for our targets.
4th May 2022:
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- 12:10 AM – Nifty reached the first target of 16900.
- 02:05 PM – Nifty touched the second target of 16821.
- 02:10 PM – Nifty hit the final target of 16769.
If you have bought Nifty 5th MAY 17500 PE @99, you can exit your position at @321.
Nifty 5th MAY 16700 PE @22 has made a high of @127.
If you haven’t traded this call, You have missed 400 points in two trading sessions.
Bajaj Finserv has completed its X wave, and it was ready for the final wave. Wave X is the intermediate wave that connects the two corrective structures (Y) & (Z).
I had written in clear words, “Bajaj Finserv has started it’s final bearish, where we have seen a speculative boom downside. After breaking 50 & 200 EMA, it started falling for wave Z. Traders can expect the following targets: 14631 – 14449 – 14176.”
Do you remember Bajaj Finserv’s wave projection?
Click here – NSE Bajaj Finserv: Elliott Wave Analysis & Tips
After the breakout of the control line, the prices started falling.
4 May 2022
- 11:45 AM – Bajaj Finserv hit the first target of 14631.
- 2:05 PM – Bajaj Finserv touched the second target of 14449.
5 May 2022
- 2:10 PM – Bajaj Finserv reached the final target of 14176.
If you have traded this setup, you could get a profit of more than 700 points.
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I had bought 17000 pe and I made a good profit. thank you sir for this accurate analysis.
Your bajaj finsv was the perfect swing for me. I am satisfied with your service.
Maine 1 week pahle apki service li thi and nifty ke call ke baad apke analysis ko aur jyada admire karne laga he. aise hi analysis bhejte rahiye. vaise muje technical analysis ata nahi he par apke work se me sikh raha hu. God bless you.
Nifty and Bajaj finserv both has achieved targets. I make decent profit in low quantity. I need your knowledge to make money in the financial market. Looking forward to your pro VIP service. Kindly guide me.
I also got trapped :( If I had traded your tips, I could recover my losses. Now heaving big loss.
Any views on bank nifty?
I want to buy your service. Pls, help me with trading options.