bimalscave

ELLIOT FORECAST FOR 28 JUL 20

NSE:NIFTY   Nifty 50 Index
ANALYSIS BASED OB TECHNICAL PARAMETERS ( NO NOISE)
TODAY NIFTY OPENED WITH PREVIOUS DAY MOMENTUM HOWEVER, COULDN'T SUSTAIN AND FELL RAPIDLY.NOTWITHSTANDING IN THE LATER HALF TRIED TO RECOVER BUT AGAIN SOME AMOUNT OF SELL-OFF DISPLAYED. NOW ANALYSIS FOR TOMORROW... NIFTY WILL MOVE INTO 3 WAVE (MINUTE) AND LIKELY TO CONTINUE ITS UPTREND...AS THAT CAN BE ASCERTAINED IN THE INITIAL OF THE SESSION...WHAT I PERCEIVE BANK NIFTY LOOKS WEAK AND DRAGGING NIFTY , AND NIFTY COMPLETELY DEPENDENT ON RELIANCE....TOMORROW BANK NIFTY AGAIN WILL BE IN RED AND PROBABLY MOV TOWARDS 21000....
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE.
TRADE AS PER OWN RISK ASSESSMENT.
Comment: DONE FOR THE DAY...
BIT DISHEARTENED...NO LIKES ???
UNABLE TO KNOW WHETHER IT IS HELPFUL OR NOT!!!
Trade closed: target reached
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