NSE NIFTY & BANKNIFTY – Trading Insights & Update

Do you remember the NSE BANKNIFTY wave projection?
Visit here: Trade Setups – NSE UPL, BANKNIFTY & ESABINDIA

We had written clearly,”Entry is possible after the breakout of 47868 with the following targets:  48100 – 48380 – 48632+“.

Timeline: 

[23 May 2024]

• 09:45 AM – Price achieved the First target of 48100.
• 10:30 AM – Price hit the second target of 48380.
• 03:10 PM – NSE BANKNIFTY hit the final target and made a new high of 48829.7.

If you had traded this setup, you could have made more than 950 points.

An updated chart of Banknifty will be available to free members soon.

NSE NIFTY – Bull Victory

Do you remember the NSE NIFTY wave projection?
Visit here: Research Report – NSE DLINKINDIA & NIFTY

BEFORE

To Free subscribers, 
In our previous research, we noted that NIFTY is in an ascending value area, balancing buyers and sellers. Trading near the lower boundary, historical patterns show rebounds forming excess, indicating potential upward movement. Recent lower highs suggest consolidation and a breach below previous lows would shift sentiment against bullish trends.

AFTER

Timeline:
[13 May 2024]

• 10:45 AM – Price touched made an excess point after making a low of 21821.

[16 May 2024]

• 09:30 AM – Nifty reached the control line of the value area.

[18 May 2024]

• 09:15 AM – Price touched the upper band of the value area.

If you had traded this setup, you could have made more than 1170 points.