Nifty 50 IndexUpdated ELLIOT FORECAST FOR 07 AUG 20
ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE)
NIFTY HAVE COMPLETED ITS INTERMEDIATE WAVE CYCLE AND PROBABLY COMMENCED WITH ITS SECONDARY WAVE CYCLE. WHAT I ANALYSE AND FORESEE NIFTY MAY MOVE INTO IMPULSIVE MODE AND SUBSEQUENTLY MAKE AN ENDEAVOR FOR HIGHER HIGH APPROACH...LETS SEE HOW IT UNFOLDS. KEEP AN SHARP EYE ON LINE OF INVALIDATION.
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.
NIFTY HAVE COMPLETED ITS INTERMEDIATE WAVE CYCLE AND PROBABLY COMMENCED WITH ITS SECONDARY WAVE CYCLE. WHAT I ANALYSE AND FORESEE NIFTY MAY MOVE INTO IMPULSIVE MODE AND SUBSEQUENTLY MAKE AN ENDEAVOR FOR HIGHER HIGH APPROACH...LETS SEE HOW IT UNFOLDS. KEEP AN SHARP EYE ON LINE OF INVALIDATION.
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.
Note
WAVE 2 (??) PROBABLY INCOMPLETE... STRICTLY KEEP AN EYE ON LINE OF INVALIDATION...TREND MAY REVERSE.Note
YEH CHAL KYA RAHA HAI...10 PTS UP DOWN???Note
NARROW RANGE....NOT CONFIDENT OF GOING LONG.BREAK OUT IS NOT CONVINCING...
HOLD FOR GOING LONG
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