Bank Nifty - Explosive 800+ Points Move

12 thg 9

Disclaimer:

The content provided here is for informational and educational purposes only and should not be considered as financial advice or a solicitation to buy or sell any securities. Always do your own research or consult with a professional advisor before making any trading or investment decisions. WaveTalks is not responsible for any losses that may occur as a result of reliance on this information.


WaveTalks - Market Whispers! Can you hear them?

The insights are fascinating, and when combined with old-school analysis, it becomes a lethal combination – as you witnessed today in the markets.

Bank Nifty: Bhelpuri Analysis at its Best!

What you saw unfold today was a result of a bhelpuri analysis. To simplify, this powerful move started with a Bullish Engulfing Candlestick Pattern right at the bottom of the historical level (50939-50950), as highlighted in the last update combined with Wave Analysis


Last Idea - Enjoyed 1350+ Points

Today, Bank Nifty surged by 850+ points, nearly achieving our third target, falling short by just 150 points. But no worries, the magic in today’s waves was undeniable.

Key Psychological Level:
Bank Nifty is now approaching the 52000 mark. If it breaks past this level, we could witness an even more explosive move.

Caution Near 52000:
However, if it struggles at 52000, caution will be necessary as we approach this critical threshold.

Nifty: Major Surge Across Indices

While Bank Nifty stole the show with its remarkable 850+ point leap, Nifty also saw a significant rally, jumping 490 points in a single day! This synchronized movement in the indices is a testament to the power of blending Wave Analysis with traditional methods.