bimalscave

ELLIOT FORECAST FOR 12 OCT 20

Short
NSE:NIFTY   Nifty 50 Index
Analysis based on technical parameters(NO NOISE)
Today nifty with a gap up crossed 12000 marks however failed to sustain which implies at higher level interest is declining....whatever, for tomorrow nifty may go into distribution phase and commence with its down trend...as mentioned in yesterdays post,a irregular pattern is corroborating and may make deeper pocket in near future....its my analysis.please do your own diligence.
trade as per own risk assessment.
Assimilation only for educational purpose

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