bimalscave

bimalscave Updated 

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 Updated 

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 Updated 

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 Updated 

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 Updated 

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 Updated 

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 Updated 

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 Updated 

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...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) AS SUGGESTED NIFTY TODAY WITH A GAP UP OPENED AND REMAIN RANGE BOUND...EITHER CONSOLIDATING OR IT MAY BE THE NEAR EXPIRY EFFECT...NOW AS THE MAJOR HURDLE BROKEN WHATS NEXT??? FOR TOMORROW WHAT I EXPECT MAY REALLY BE FOOL HARDY...ON A EXPIRY EXPECTING A GAP UP OF ALMOST 150 PTS...THAT'S IT...NIFTY MAY OPEN GAP UP ...

bimalscave Updated 

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...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE). NIFTY TODAY AS SUGGESTED GAVE A GAP UP BUT FAILED TO SUSTAIN AND DECLINED WITH GIVING UP ALL GAINS MADE IN THE PRE-MARKET HOURS...VIEWS GIVEN EARLIER STANDS AS OF NOW...WITH A BIT OF MORE INFO THAT THE MINOR WAVE 5 WILL BE A FAILED ONE...NOW WHATS NEXT...THAT'S THE REAL QUESTION ...WHERE WILL NIFTY GO? WILL IT GO...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) WHAT A DAY IT WAS!!!! TO DAY NIFTY IN THE MORNING ITSELF WITH A GAP UP GAVE A " LA SOPRESA". DID BIT OF ADJUSTMENT FOR THE ANTICIPATED MOVEMENT....AND "TA-DA"...NEVERMIND...THE MAJOR ATTRACTION FOR DISCUSSION WOULD BE THE DECLINE THAT WE WITNESSED IN THE LATER HALF. AT THE OUTSET I WOULD LIKE TO TAKE YOUR ATTENTION...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY TODAY WITH A GAP DOWN OPEN BUT RECOVERED IMMEDIATELY AND FOR FOR QUITE A WHILE REMAINED RANGE BOUND..AS EXPECTED DUE TO EXPIRY...THE DECLINE/ SWING THAT WE WITNESSED IS PRIMARILY DUE TO TRIGGER FOR REQUIREMENT OF HIGH PREMIUM VALUE...NOTWITHSTANDING WHATEVER BE THE CASE WE SHOULD NOT SPECULATE...BUT TODAY DUE...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) NIFTY TO DAY WITH A GAP DOWN COMPLETED WITH ITS CORRECTIVE WAVE AND AND COMMENCED WITH ITS MINOR IMPULSE WAVE. YESTERDAY WE ANTICIPATED THAT THE CORRECTION WAS COMPLETE..BUT IT WAS NOT....A BIT OF SURPRISE..BUT THAT DOESN'T TAKE THE UPTREND IS DISTORTED AND LIKELY MOVE FOR MAJOR CORRECTION."NO" STILL BULLISH AND...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY TODAY AS MENTIONED EARLIER WITH A GAP UP REMAINED BULLISH AND TRIED TO BREAK OUT , HOWEVER FAILED TO SUSTAIN AND FELL.THE DECLINE WAS CORRECTIVE WHICH INDICATES FURTHER UPWARD MOVEMENT EXIST...THE NIFTY TODAY COMPLETED ITS FIRST TWO WAVE(1 AND 2) AND TOMORROW LIKELY TO COMMENCE WITH ITS THIRD(3) WAVE...WATCH...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY TODAY WITH A GAP UP IN THE MORNING EXHIBITED ITS INTENT AND FUTURE DIRECTION...HOWEVER AS DAY MOVED ALONG ...THE MOMENTUM FIZZLED OUT AND THE VERDICT ON AGR ISSUE WAS THE FINAL NAIL ON THE COFFIN....NOTWITHSTANDING I AM NOT AT ALL BEARISH( MY PERSPECTIVE) RATHER GIVING A MORE BULLISH TARGET FOR...