bimalscave

ELLIOT FORECAST FOR 24 JUL 20

Long
NSE:NIFTY   Nifty 50 Index
ANALYSIS BASED ON TECH PARAMETERS(NO NOISE)
NIFTY IN THE LAST SESSION WAS AT A VERY IMPORTANT REVERSAL PT...FROM WHERE STRONG REVERSAL WAS EXPECTED...WITH NUMEROUS ATTEMPTS TODAY IT CONVINCINGLY TRAVERSED AND ELIMINATED A PROBABILITY .NOTWITHSTANDING MKT IS IRRATIONAL...TOMORROW NIFTY WILL BE CONTINUING ITS UPTREND AND LEVEL AS MARKED WILL BE THE CORRECTION PT..AND GAPS CREATED IN THE PREVIOUS SESSIONS WILL BE FILLED
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT...
Comment: SIMPLE ZIG-ZAG ANTICIPATED ...IDEA STILL HOLDS
Order cancelled: TRADE
Comment: EXPECTING A SHARP MOVE TOWARDS 11200....CLOSED ALL TRADE....MORNING KA JHATKA KUCH ZOR SE LAGA....FIASCO HAPPENS

Comments

Sirji, Which wave is this ?? 5th minute wave playing out as an ED??
Reply
bimalscave practicalbull.mmb
@practicalbull.mmb, ITS MAKING A ZIG ZAG...FOR 5 WAVE
Reply
bimalscave practicalbull.mmb
@practicalbull.mmb, SORRY MY MISTAKE....RESHUFFLED....MKT TESTING ALL ELLIOTIAN...ADVISE DONT GO LONG...WAIT TILL 1515...HERO ZERO SHOT...WILL UPDATE
Reply
@bimalscave, No issues sirji.. I strongly feel this is an ED only and Nifty may top out on Tuesday or Wednesday morning..
Reply
Sirji, what is the red line with 11368 written??
Also, for the 5 that u r anticipating to complete around 11300, what was the starting point of the wave 1???
Reply
bimalscave practicalbull.mmb
@practicalbull.mmb, bhai mere..the way you are learning it goes for me as well...yesterday observed a beautifull point, a lesson...you frequently interect so it goes exclusively for you...whenever their is a fractal in minds of all elliot analyst...a junture...you will find a congestion...analyse level..11184...i am sure you will find out.
Reply
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