
Nifty and Banknifty Analysis for this week | Elliott Wave | Magic Fibs
#Nifty moved exactly as per our expectation in both highs and lows. 21975 - 22660 - 22300 levels.
#Banknifty made a new low and will that alter our view about markets ?
Levels and opinions shared are only to learn #Elliottwave and not any buy or sell recommendations. Thank you
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Technical Analyst knows the rules and guidelines of Elliott wave theory. But how to trade based on this theory is little tricky. I am trying to solve as much as possible.
We know the Rules of Elliott wave theory but do you made profit out of it. These are practical and simple guide to view and analyze the chart and take position and getting the desired results.
Always, gradually buy the levels and not in one go. Risk management is key to long term success in Markets
Disc: I am not SEBI registered. Elliott waves is a technical analysis done to predict the probable movement in Markets. Don't treat it as any sort of recommendation and advice.
Charts used in video - Investing.com
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