ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE).
NIFTY TODAY AS SUGGESTED GAVE A GAP UP BUT FAILED TO SUSTAIN AND DECLINED WITH GIVING UP ALL GAINS MADE IN THE PRE-MARKET HOURS...VIEWS GIVEN EARLIER STANDS AS OF NOW...WITH A BIT OF MORE INFO THAT THE MINOR WAVE 5 WILL BE A FAILED ONE...NOW WHATS NEXT...THAT'S THE REAL QUESTION ...WHERE WILL NIFTY GO? WILL IT GO UP ...OR IT IS AWAITING A MAJOR CORRECTION....AS OF NOW WHAT I ANALYSE...I DON'T SEE ANY MAJOR CORRECTION....UNTIL AND UNLESS THEIR IS SOME SOLID GLOBAL CUES....TODAY TO SOME EXTENT DUE TO BANK NIFTY MOVEMENT SOME DOUBTS WERE RAISED IN MY MIND AND GOT BIASED WITH THE AGR VERDICT...BUT DUE TO ITS INTEGRAL DELAY INVOLVED IN IT, I EXPECT THE NEWS WILL ULTIMATELY GET ABSORBED BY THE TIME VERDICTS COME OR IT HAS ALREADY ABSORBED AS OF NOW...WHATEVER!!!NOW WHERE WILL NIFTY GO??? I THINK THE UPTREND IS STILL INTACT AND IF NIFTY DOESN'T BREAK THE RECENT LOW OF 10850...IT MAY MAKE NEW HIGH....TOMORROW NIFTY FOR THE INITIAL HOURS WILL BE RANGE BOUND AND IN THE LATER HALF MAY GIVE CORRECTION...WHICH MAY POSSIBLY EXTEND TO DAY AFTER...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE.
TRADE AS PER OWN RISK ASSESSMENT.
NIFTY TODAY AS SUGGESTED GAVE A GAP UP BUT FAILED TO SUSTAIN AND DECLINED WITH GIVING UP ALL GAINS MADE IN THE PRE-MARKET HOURS...VIEWS GIVEN EARLIER STANDS AS OF NOW...WITH A BIT OF MORE INFO THAT THE MINOR WAVE 5 WILL BE A FAILED ONE...NOW WHATS NEXT...THAT'S THE REAL QUESTION ...WHERE WILL NIFTY GO? WILL IT GO UP ...OR IT IS AWAITING A MAJOR CORRECTION....AS OF NOW WHAT I ANALYSE...I DON'T SEE ANY MAJOR CORRECTION....UNTIL AND UNLESS THEIR IS SOME SOLID GLOBAL CUES....TODAY TO SOME EXTENT DUE TO BANK NIFTY MOVEMENT SOME DOUBTS WERE RAISED IN MY MIND AND GOT BIASED WITH THE AGR VERDICT...BUT DUE TO ITS INTEGRAL DELAY INVOLVED IN IT, I EXPECT THE NEWS WILL ULTIMATELY GET ABSORBED BY THE TIME VERDICTS COME OR IT HAS ALREADY ABSORBED AS OF NOW...WHATEVER!!!NOW WHERE WILL NIFTY GO??? I THINK THE UPTREND IS STILL INTACT AND IF NIFTY DOESN'T BREAK THE RECENT LOW OF 10850...IT MAY MAKE NEW HIGH....TOMORROW NIFTY FOR THE INITIAL HOURS WILL BE RANGE BOUND AND IN THE LATER HALF MAY GIVE CORRECTION...WHICH MAY POSSIBLY EXTEND TO DAY AFTER...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE.
TRADE AS PER OWN RISK ASSESSMENT.
Comment:
MINOR WAVE DEGREE- MADE SOME CHANGES....A NEW IMPULSE HAVE INITIATED FROM 11111 LOW....NIFTY WILL BREAK OUT...
Comment:
GET READY FOR 11900...
Comment:
WAIT FOR A BOOM FOR 11450
Comment:
MAAZA AYA....
Comment:
GUYS APOLOGIES....NOT A PROBABLE BREAK OUT...NOT MUCH VOLUME SUPPORTED...BUT THE TREND IS ESTABLISHED...