bimalscave

ELLIOT- PA FORECAST FOR 19 AUG 20

bimalscave Updated   
NSE:NIFTY   Nifty 50 Index
ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE)
NIFTY TO DAY OPENED FLAT AS SUGGESTED ...BUT UNLIKE RANGE BOUND OPENED WITH A BANG...HOWEVER AFTER THAT REMAINED RANGE BOUND....THE BIG BULLISH MAROBAZU OF THE MORNING SUGGESTED THE TREND HAVE PROBABLY CHANGED AND INDICATED THAT NIFTY IS READY FOR ATH...BUT I KNOW A LOT OF US HAVE DOUBTS HOW COME ECONOMY IN SHAMBLES NIFTY COULD SUSTAIN SUCH A RALLY FOR SUCH A LONG TIME...IT WILL COLLAPSE.THIS WHAT HAPPENS IN THE INITIAL BULL MARKET..."DENIAL"...LEAVE IT!!!.NIFTY HAVE GIVEN A SO CALLED BREAK OUT...NOT VOLUME SUPPORTED...AIM TO DRAG IN RETAIL INVESTORS...FOR TOMORROW, NIFTY WILL OPEN GAP UP SOMEWHERE AROUND 11430 AND GIVE CORRECTION....
****ASSIMILATION FOR EDUCATIONAL PURPOSE****
TRADE AS PER OWN RISK ASSESSMENT.
Comment:
GET READY FOR SOLID GAP UP TOMORROW...MAY OPEN SOMEWHERE AROUND....??? WILL LET YOU KNOW ON TODAYS ANALYSIS
Comment:
EXPIRY KA ASLI SHOCK KAL LAGEGA....
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