bimalscave

ELLIOT FORECAST FOR 05 AUG 20

Short
bimalscave Updated   
NSE:NIFTY   Nifty 50 Index
ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE)
NIFTY TODAY WITH THE GAP UP EXHIBITED THE INTENT AS I EARLIER SAID IN MY PREVIOUS POST...HOWEVER,THE MOVE THAT WE SAW TODAY IS A CORRECTIVE MOVE(I APPRECIATE, YOU MAY DIFFER)....SO THE PRIMARY FALL THAT WE SAW IN PREVIOUS SESSIONS IS NOT COMPLETE AND WE CAN EXPECT AN ANOTHER IMPULSIVE FALL FROM TOMORROW ON WARDS.BUT THE DEPTH MAY BE LIMITED TO 200 SMA AGAIN.IMPORTANT LEVELS ARE AS MARKED IN THE CHART.
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.
Comment:
NEUTRAL TO NEGATIVE BIAS...
WAIT FOR RIGHT OPPOTUNITY.
Comment:
GUYS APOLOGIES...YESTERDAY PLOTTED LABELS ON 5 MIN CHART AND PUBLISHED 15 MIN CHART...THIS IS DUE RESTRICTION OF THE SITE.IT DOESN'T ALLOW TO PUBLISH 5 MIN CHART. THATS WHY THE CONFUSION MUST BE APPEARING IN YOUR MIND...NEXT I WILL ENSURE TO PUBLISH 15 MIN LABEL/ ON 15 MIN CHART
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