Bank Nifty entered in New Time Cycle

As Discussed in Banknifty will touch 26450 ???
Bank Nifty continuous following home no 2 resistance line and drastically fall towards 26450 .

13 Feb 2019  is important date as per vedic analysis.
If BN start to stay below 26950 on 15 min chart then next downside level is 26450.

For upper side BN need to close above 27250 on 15 min closing basis and next resistance on upper side is 27540 as seen on chart.

Blue line continuously respected as resistance line in Home 2.

Strategy : 

Banknifty 14 Feb 2019 ,27200 CE  Sell @ 60-80 ( CMP 67)

Banknifty 13 Feb 2019 EOD 15 Min Chart

Now, Banknifty spot has completed one time cycle of 356 Hours and entered into a new time cycle, which will complete on 28 Feb 2019, 10:00 

Bank nifty continuous following support and resistance line of each home.

Banknifty is in Home 1 now, Red line is Resistance and the yellow line is Support. 

Price will move between both of this support and resistance line. If it breaks any one of this line, then shift in next home, which is 2 or 4. 

It is very interesting to see which one will next home.

Contact for Join VIP Telegram Channel:

Post a comment