Saturday, May 18, 2019

Nifty and bank nifty charts

Friends with election results nearing the stock market activity has increased.
Lets see what chart structure shows.

Nifty 


The nifty from top is still a impulse down possibility on as long as 11560+ is held on upside .The red is bear count and bull is green count .Lets see which way market tilts.

Bank nifty.


The bank nifty the overlap is already seen so here the only count for now is abc. Above  29500+ 
banknifty is quite strong .

Lets see how they behave next week :)