bimalscave

Jul 29, 2020 12:08 PM

ELLIOT FORECAST FOR 30 JUL 20 Long

Nifty 50 IndexNSE

Description

⋅ Jul 29, 2020 12:08 PM

ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE)
TODAY NIFTY WITH A GAP DOWN OPENED AND RALLIED TO BREAK YESTERDAYS HIGH. HOWEVER FAILED TO SUSTAIN AND FELL. WHOLE DAY NIFTY SWINGED WITHIN A RANGE BUT BROKE SUPPORT AND MADE A LOW OF AROUND 11150...ITS ALL BECAUSE OF RELIANCE ANTICIPATED RESULT...NOTWITHSTANDING NIFTY PROBABLY HAVE MADE A ENDING DIAGONAL AND PROJECTIONS REALLY LOOK OVERTLY OPTIMISTIC...3RD MINUTE WAVE IS EXTENDED SO, THEIR ARE TWO POSSIBILITY EITHER 5 MINUTE WAVE WILL BE TRUNCATED OR GO WITH THE NATURAL FIB EXTN...BUT DO PROJECTION INDICATE SOMETHING...SOME POSITIVE NEWS IS ROUND THE CORNER...I DON'T KNOW...LETS SEE TOMORROW...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.

Comment

⋅ Jul 29, 2020 12:11 PM

FOR TRUNCATED 5 MINUTE WAVE...11290

Comment

⋅ Jul 30, 2020 2:05 AM

GUYS THESE ARE MERE PROJECTIONS...MY APPRECIATION MAY FALTER...AND CAN GO WRONG...MY ENDEAVOUR IS TO PROVIDE AN INSIGHT...

Comment

⋅ Jul 30, 2020 5:17 AM

NOW AFTER THIS...LEVEL I AM NOT COMFORTABLE

Comment

⋅ Jul 30, 2020 5:19 AM

11296....CRITICAL LEVEL...AFTER THIS WAIT AND WATCH...CLOSED ALL TRADES

Comment

⋅ Jul 30, 2020 5:23 AM

TWO POSSIBILITY NOW IF MOVES UP BEARISH SIGNATURE...IF MOVES DOWN AND 11225 LEVEL GAP FILLS BULLISH SIGN

Comment

⋅ Jul 30, 2020 6:50 AM

GUYS WHEN NIFTY TOUCHES 11296 THIRD TIME...EXPECT A SHARP DECLINE

Comment

⋅ Jul 30, 2020 7:57 AM

F#K IT FELL WITHOUT MY PERMISSION👨 SORRY GUYS...APPRECIATION WENT WRONG....NEVERMIND....MY OVERALL VIEW STILL INTACT WITH MORE CONVICTION NOW...IF YESTERDAYS LOW NOT TAKEN OUT...

Comment

⋅ Jul 30, 2020 8:39 AM

WILL NOT FALL BELOW 11140

Comment

⋅ Jul 30, 2020 8:47 AM

VIEW NOW INVALIDATES....FRESH REVIEW (PIVOTS) ...SHORT ENTRY

Comments

manju355

⋅ Jul 30, 2020 9:29 AM

nice practice it follow the forecast but failed . not to worry this is nice idea

practicalbull.mmb

⋅ Jul 30, 2020 8:03 AM

Hahaha.. yesterday's low should break ideally.. Bottom around 11100..

practicalbull.mmb

⋅ Jul 30, 2020 8:48 AM

@bimalscave Aagaya sirji 111100.. Now going long

bimalscave

⋅ Jul 30, 2020 9:19 AM

@PracticalBull.mmb, BHAI MERE....GOOD ITS YOUR ANALYSIS...

practicalbull.mmb

⋅ Jul 30, 2020 12:12 PM

@bimalscave, Thank you sirji.. Expecting a min 11250 from here.. Could also be a new high... Both possibilities are open.. Hence had me ruined regarding taking calls..

practicalbull.mmb

⋅ Jul 30, 2020 1:30 PM

Had me ruined = had messaged u

Damn auto correct

practicalbull.mmb

⋅ Jul 29, 2020 4:35 PM

Sirji, This is exactly what I had mentioned in my reply on that other post..
Though Chances of a truncated 5th wave are higher.. Not expecting 11380 odd levels to be broken..

Also, in my view, before charging towards 11350 plus levels, there's a possibility that today's day low will break, though not by much.

Watch out for Financials leading the charge tomorrow and day after with some support from Reliance.

bimalscave

⋅ Jul 29, 2020 5:00 PM

@PracticalBull.mmb, i knew it from the begining... I wait for things to play....otherwise great appreciation by you buddy...

CoolTrader7890

⋅ Jul 29, 2020 1:24 PM

chances of downfall are more not sure may be for this type of 300 points nifty need a very good news only reliance can do I think so

bimalscave

⋅ Jul 29, 2020 1:55 PM

@CoolTrader7890, 👍 THATS WHY I SAID I M OVERTLY... OPTIMISTIC...I WILL CERTAINLY GO FOR A TRUNCATED 5 TH WAVE...LETS SEE