Nifty BankNifty stocks commodity calls trading strategy Elliott wave by Ashish Kyal, CMT

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#Nifty is moving in #Gaps and hourly channel systematically, prices had another Gap down & touched lower end of channel, move above 23520 required for deeper pullback, time is running out for bulls, they have to act fast!

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Axis Bank faces selling pressure near the March 18 Time Cycle window. Following a breakdown below 1302.9, will this rhythmic cycle trigger a reversal at the inflection point or confirm a bearish bias
Read More: https://www.wavesstrategy.com/blog/axis-bank-share-price-time-cycle-analysis

#Nifty is falling, so avoid averaging in losing positions. Watch the 23420 level closely and wait for the market to reclaim and sustain above it before considering any buy. Current pullbacks are not a signal to enter yet. Use the Supertrend (10,3) indicator on TradingView to track potential reversals and trade with discipline.

Nifty has achieved the Gann target of 23486 and is now entering the final phase of the 55-Day Time Cycle. The next few sessions could be crucial for traders. Want to know the next key levels and trading strategy? Register now and stay ahead of the market move: https://www.wavesstrategy.com/webinar