bimalscave

bimalscave

Analysis based on technical parameters (NO Noise) ======Disclaimer=========== Views are only for educational purpose

bimalscave

Analysis based on technical parameters(No Noise) The rally that we are witnessing is far from over as far as metal stocks are concerned...On monthly chart what I analyze, "A" wave have completed and c of "B" wave is under prog....tgt for the index is as given in the chart...However selection of particular stock from the corresponding sector is...

bimalscave

Analysis based on technical parameters(No Noise) Lazy Day... Yes Bank - I will avoid going onto the fundamental aspects, Not my forte...However with the recent revival efforts and upgradation and mega outreach by the banking staff...encouraged and motivated me to have a look on the chart (long term)...to my utter surprise...this banking stock have full potential...

bimalscave

Technical Analysis based on technical parameters (No Noise) Nifty unstoppable...Bears in hibernation....why not ??? it winters. As what I observe and analyze Nifty have completed with its 5 wave impulse minor structure...5th wave traversed 100% which makes it to 13777 and what next nifty made a high of 13777.5 and thud...The fall was fast and furious...The wave...

bimalscave

Analysis based on technical parameters(NO NOISE) Trade as per own risk assessment. Assimilation only for educational purpose

bimalscave

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...

bimalscave

Analysis based on technical parameters(NO NOISE) Long time.... The reason for selecting DOW under elliot forecast becoz its corelation with Nifty...although future market not recommended but still...on the opening of indian market that is the only index comes into mind...what i perceive as of now dow have not broken its high post covid level however, nifty have...

bimalscave

Analysis based on technical parameters (No Noise) Today Nifty as suggested in my earlier post have completed with its correction... The decline that we witnessed was furious and in a way is in delayed sync with global index. I don't expect any further correction in nifty and from tomorrow likely to expect a upswing towards 11600.Its my personal opinion and...

bimalscave

Analysis based on technical parameters (No Noise) Nifty is under correction and expect it may continue for next few more sessions as well. For tomorrow what i analyse nifty will be bullish in the first half and subsequently go for correction... Watch out for important levels... Assessment only for educational purpose. Trade as per own risk appetite.

bimalscave

Analysis based on technical parameters(No Noise) Expecting bearish temperament to continue for tomorrow...Watch out for important levels Assessment only for educational purpose. Trade as per own risk appetite.

bimalscave

Analysis based on technical parameters(No Noise) ------------------------------------------------------------- The correction that we are witnessing after completion of the cyclic wave....is not yet over.Its only a part which seems over....what i can see is a 5 wave structure within a wedge...is it a leading diagonal indicating commencement of major...

bimalscave

Analysis based on Technical parameters (No Noise) In my previous post you must have noticed the labels indicating culmination of few higher degree wave count for which the fall seemed eminent...and with that euphoria the mad bull run got over in all global indices, including Nifty.But the decline is temporary and to some extent its over....Today Nifty opened...

bimalscave

Analysis based on technical parameters(No Noise) Nifty yesterday with a gap up...indicated it's intent in the morning session...however failed to sustain and fell,Notwithstanding the trend is intact and likely to traverse further up...The index as of now, what I perceive is in it's final leg of uptrend and probably in the next week may commence with it's cyclic...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY AS SUGGESTED WITH A GAP UP OPENED AND REMAINED BULLISH FOR THE INITIAL HOURS....AFTER COMPLETION OF 5TH MINUTE WAVE NIFTY MOVED INTO CORRECTION....BUT IN THE FAG END THE IMPULSE CHANGED THE GAMBIT AND NOW THE VIEW IS AGAIN TURNED BULLISH....FOR TOMORROW NIFTY MAY OPEN FLAT TO MINOR GAP DOWN...BUT SUBSEQUENTLY...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS( NO NOISE) NIFTY TODAY WITH A GAP UP REMAINED BULLISH ALL WITH AN EXCEPTION OF MILD WEAKNESS AT THE END,NOTWITHSTANDING, THE OVERALL TEMPERAMENT OF NIFTY REMAINS BULLISH , AS OF NOW....IN MY PREVIOUS POST GIVEN A LOGIC WHERE NIFTY LIKELY TO MAKE TOP, TILL THAT TIME WE TAKE THAT THE RALLY WILL BE IN ITS FINAL LEG;THE EUPHORIA...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY AS SUGGESTED WITH A GAP UP OPENED AND AFTER THAT WITH DECLINING TEMPERAMENT REMAIN RANGE BOUND COMPLETING ITS 4 WAVE. FOR MONDAY EXPECTING A GAP UP OPENING AROUND 11396 WITH MINOR DECLINE...AND SUBSEQUENTLY CONTINUING WITH ITS UPTREND.... KEEP WATCH ON IMPORTANT LEVELS GIVEN ON THE CHART. *****ASSIMILATION...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) ARTICLE FOR SUNDAY READING EXCLUSIVELY..... NIFTY SINCE ITS MARCH FALL ....HAVE BEEN ON RAMPAGE AS IF ALL BULLS HAVE COLLATED AND GATHERED ALL THEIR VIGOR TO RISE AS PHOENIX...THE PANIC SWEPT IN AND THUS THE MASSIVE FALL...SERIES OF BAD NEWS....BUT THE MARKET KEPT ON ABSORBING ONE BY ONE CLIMBING THE STAIRS WITH ALL...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY FOR MANY WAS 180 DEGREE TURNAROUND...THE POST WHICH I GAVE ON 19 AUG PLAYED TODAY...IT WAS A SURPRISE FOR ME ...AFTER ALL TRADING IS A GAME OF PROBABILITY...WHAT I LEARNT FROM DECLINE THEIR WERE TWO MAIN CAUSES FIRSTLY MORNING 0330 DECLINE OF DOW FUTURE AND SPURT IN DOLLAR INDEX...I WILL NOT DWELL MUCH INTO...