bimalscave

ELLIOT FORECAST FOR 31 JUL 20

NSE:NIFTY   Nifty 50 Index
ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE)
TODAY NIFTY WITH A GAP UP OPENED WITH MOMENTUM HOWEVER FAILED TO SUSTAIN AND FELL MAKING LOWER LOW. YESTERDAY WHAT WE ANTICIPATED WAS OVERTLY OPTIMISTIC..BUT REALISM PREVAILED.THE FIFTH MINUTE WAVE SEEMED TO ME AS TRUNCATED AND THE ENDING DIAGONAL LOOKS COMPLETE...IN THE NEAR TERM, TREND AS OF NOW LOOKS BEARISH ...WHICH MUST BE PRIMARILY DUE TO BANK NIFTY OUTLOOK. THE INDEX SEEMS IN A HURRY TO FILL THE GAPS CREATED DURING PREVIOUS SESSIONS...HENCE SHORT TERM VIEW AS PER MY ANALYSIS STILL REMAIN BULLISH ....FOR TOMORROW 5 TH MINOR (B) WAVE LIKELY TO GET COMPLETE...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT...


DOW FUTURE ALREADY DOWN STILL GIVING A UPTREND VIEW !!!!
Comment: THE EXPECTED UPTREND MAY CULMINATE AT 11218 (SECOND PROBABILITY...SO PLEASE PLOT IT ON OWN(FORGOT)...APOLOGIES.
Comment: 11218 IS A VERY IMPORTANT LEVEL....WAAAAATCH OUT!!!
Comment: GUYS...WATCH OUT HISTORY REPEATING ITSELF...NEVER EXPECTED IT WILL BE SO EARLY...
Comment: LIKELY LOW MADE...SHARP MOVE EXPECTED FOR 11218...
TRADE AS PER OWN RISK ...
Comment: SORRY GUYS MINE SL HIT...
Comment: REALLY TODAY NIFTY TESTING PATIENCE....FRUSTRATING...WILL WAIT TILL SETTLE DOWN
Comment: GUYS ANYBODY REQUIRE CYCLIC DEGREE WAVE COUNT OF NIFTY FOR BETTER PERSPECTIVE DO PVT MSG ME...SO THAT I CAN SEND YOU DIRECTLY...ITS MY ANALYSIS..YOU CAN DO YOURS...
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