Head & Shoulder !!?? in NIFTY & BANK NIFTY !!!

 Dear All,

Purely Pattern and Retracement with EW Count Suggest a "Head & Shoulder" in both Nifty & Bank Nifty. But the Sentiments & Data is Clearly Bullish. There is No Point to Support this H&S View so far. But View is Posted with out any Bias just for Info Only. Let's wait & See. 

Bank NIFTY ...!!! 43000 Coming ???

 Dear All,

> BANK NIFTY HOURLY CHART <

NIFTY ...Whats Next ???

 Dear All,

> NIFTY WEEKLY CHART <

Above chart is give as per Pattern, Comparing with EW / OI / Indicators doesn't taken in this Chart. Inflation & Rain Forecast will take an important role in coming days.

Bank NIFTY Update - 17th April, 2023

 Dear All,

> BANK NIFTY HOURLY CHART <

If Manages to Cross and Trades above Resistance may Trigger Rally till 43000. Next Week might be a Do or Die. 

NIFTY WEEKLY REIVEW / ANALYSIS - 10th April 2023

 Dear All,

> NIFTY HOURLY CHART <

Correction on card. 17635 Exactly tested which is 61.8% Golden Ratio  should be taken Care. Current Rally is Slow / Steady with out much Retracement should be noted. But the 3 Wave Up is surely not good for Bulls next week. 17200 might be the downside Support.

> NIFTY IT DAILY CHART <

Just one Word "Caution".

> NIFTY METAL HOURLY CHART <

Metal Stocks may trigger a good rally if breaks out above 5530. Rally in Metal stocks over due for a long. 

> NIFTY PHARMA HOURLY CHART <

Pharma Stocks is witnessing a Relief Rally towards 12380 / 12640. Above these Resistance all Pharma Stocks may Rally more & Worst is Over. Else its a Sell on Rise, as it may trigger selling towards new low.

> IEX - Most Rallied Stock from Low <

After CERC gave order to charge a transaction fees upto the Ceiling of 2 Paisa /kWh on either side of the transaction, helped to stock to bounce from the 1.5 Year Low. As per the Chart, If price manages to trade above 155 then the trend may turn Bullish and rally. 

> BHEL - Posted on Whatsapp Group - 06th April, 2023 <

More Rally pending in BHEL.

> N4A on Whatsapp <

https://chat.whatsapp.com/Hez6DWgSTwT1un2aBvGZjq

BANK NIFTY REVIEW / ANALYSIS

 Dear All,

> BANK NIFTY DAILY CHART <

I have counted the Current UPmove as Wave X from 38612 as on 16th March, 2013, tested the trendline Resistance. Above the trend line may trigger fresh rally and short covering. Else may start Correcting. 

> BANKNIFTY Hourly Chart <

In Hourly Chart - Its a WXYXZ setup and Wave Z moved up till 1.27% to test 41275. Wave Z was slow and steady , with out much retracement. 

> FIN NIFTY DAILY CHART <

Fin Nifty break out on daily chart. Resistance 18460 / 18740 must cross for next upmove. Chola fin, MnM Fin, Bajaj fin, and Muthoot has really helped last week to rally. Yet more Fin Serv Companies results to be declared, may help to rally further.

> NIFTY PSU BANK DAILY CHART <

PSU Bank index may Resist @ 3785, 3845 &3930. On the downside Support @ 3290 &3140. 

> NIFTY PVT BANK CHART <

HDFC Twins helped the PVT Bank index and Entire Banking Pack to Rally last Week.

> HDFCBANK DAILY CHART <

This Mover should decide the Bank NIFTY's Next move. Might cross 1702 to test 1870 or to break down till 1532 / 1870. Most of the Pvt Bank Stocks are highly over bot and Results outcome may trigger rally. Lets See.

> N4A in Whatsapp Group - Join <

https://chat.whatsapp.com/Hez6DWgSTwT1un2aBvGZjq