Bank nifty prediction for tomorrow 19–07–2021
Today we shall discuss on Bank nifty prediction for tomorrow 19–07–2021 based on elliott wave theory and demand supply trading strategy. We shall start analyzing monthly candle stick chart and then will check weekly daily and 4hourly and 15 min chart.
Bank nifty prediction for tomorrow 19–07–2021 in monthly chart
Here we can see that repeated sub wave (1),(2); [1],[2] and (i),(ii) completed in monthly chart. Last wave (ii) was an irregular correction. Move after 16116 we shall discuss in lower timeframe chart.
Demand supply wise monthly trend is up and immediate demand zone is at 30996–32613 and next demand zone is at 13407–16282.
Now we shall check weekly chart.
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Bank nifty prediction for tomorrow 19–07–2021 in weekly chart
[caption id=”attachment_450" align=”aligncenter” width=”1246"]
Best Bank nifty prediction for tomorrow in weekly chart[/caption]
Here in the weekly chart we shall not check wave structure because wave structure is more clear in daily chart.
Demand supply wise trend is up and immediate demand zone is at 31963–32613. Next demand zone is at 29987–31507.
Now we shall move into daily chart….Read More