Net Gain = Profit 775 points – Loss 148 points = 627 Points of optimum profit

May month Nifty Future deals:

04 May 2015: Bought @ 8300/ Profit @ 8320(Intraday) Gain = 20 Points

06 May 2015: Bought@ 8300/ Loss @ 8280 (Intraday) Loss = 20 Points

06 May 2015: Bought@ 8145/ Loss @ 8128 (Intraday) Loss = 17 Points

07 May 2015: Bought@ 8070/ Profit @ 8140 (Intraday) Gain = 70 Points

07 May 2015: Bought @ 8040/ Profit @ 8270 (Positional) Gain = 230 Points

11 May 2015: Bought @ 8320/ Profit @ 8350 (Intraday) Gain = 30 Points

12 May 2015: Bought @ 8220/ Loss @ 8209 (Intraday) Loss = 11 Points

12 May 2015: Bought @ 8160/ Profit @ 8240 (Positional) Gain = 80 Points

12 May 2015: Bought @ 8120/ Profit @ 8260 (Positional) Gain = 140 Points

13 May 2015: Bought @ 8130/ Loss @ 8110 (Intraday) Loss = 20 Points

13 May 2015: Bought @ 8140/ Profit @ 8230 (Intraday) Gain = 90 Points

13 May 2015: Bought @ 8250/ Loss @ 8170 (Positional) Loss = 80 Points

14 May 2015: Bought @ 8165/Profit @ 8200 (Intraday) Gain = 35 Points

14 May 2015: Bought @ 8180/Profit @ 8240 (Intraday) Gain = 60 Points

15 May 2015: Bought @ 8240/Profit @ 8270 (Intraday) Gain = 20 Points

I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…

Nifty 50 - Analysis

Net Gain = Profit 775 points – Loss 148 points = 627 Points of optimum profit

NIFTY 18 OCTOBER 2023 : Look like downside is limited but still expect choppy moves before it shoot up higher. Decisive 19850 and 19930.

30 July 2018: Nifty Elliott wave analysis: As expected it hits a new life time and expected to hit 11450 levels.

NIFTY & BANK NIFTY 14 APRIL 2022 : Watch out for 17400 levels very carefully, If breaks it can come to the levels of 17200.

20 June 2018: Nifty Elliott wave analysis: Relative strength is due to Reverse H&S pattern. Hope DJIA does not crack further.

BANKNIFTY FUTURE CHART ANALYSIS

Net Gain = Profit 775 points – Loss 148 points = 627 Points of optimum profit

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