bimalscave

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ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY TODAY SINCE MORNING WITH A GAP DOWN REMAIN RANGE BOUND...AND SUBSEQUENTLY MOVED INTO CONTRACTION LEADING TO SO CALLED BREAK OUT AT THE END, TO SOME EXTENT I WAS ALSO IN THE SAME OPINION...HOWEVER THE MAJOR RESISTANCE IS STILL INTACT...SOME AMENDMENTS BEEN MADE IN THE WAVE COUNT FROM THE PREVIOUS POST...NIFTY...

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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...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) DOW HAVE COMPLETED ITS INTERMEDIATE WAVE CYCLE AND PROBABLY COMMENCED WITH ITS SECONDARY WAVE CYCLE. WHAT I ANALYSE AND FORESEE DOW MAY MOVE INTO CORRECTIVE MODE AND SUBSEQUENTLY MAKE AN ENDEAVOR FOR HIGHER HIGH APPROACH...LETS SEE HOW IT UNFOLDS AND IMPACT NIFTY... ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE TRADE AS...

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ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) TODAY FOR A CHANGE TRIED TO PLOT A RUDIMENTARY SUPER CYCLE NIFTY ELLIOT COUNT BECAUSE I FELT A LOT OF DICHOTOMY IN THOUGHT PROCESS EXIST WHETHER THE UPTREND THAT WE SAW IS AN IMPULSIVE OR A CORRECTIVE WAVE AND AS PER THAT WE MOVE AHEAD WE WITH OUR DIRECTION OF THOUGHT PROCESS AND ANALYSIS.WHILE DOING THE ANALYSIS...

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ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) NIFTY TODAY WITH THE GAP UP EXHIBITED THE INTENT AS I EARLIER SAID IN MY PREVIOUS POST...HOWEVER,THE MOVE THAT WE SAW TODAY IS A CORRECTIVE MOVE(I APPRECIATE, YOU MAY DIFFER)....SO THE PRIMARY FALL THAT WE SAW IN PREVIOUS SESSIONS IS NOT COMPLETE AND WE CAN EXPECT AN ANOTHER IMPULSIVE FALL FROM TOMORROW ON...

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ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) NIFTY TODAY WITH A GAP DOWN, ENTIRE DAY REMAINED UNDER SEVERE DOWNTREND,PRIMARILY DUE TO THE STRENGTH EXHIBITED BY THE DOLLAR INDEX....AND SELL-OFF DUE TO PROFIT BOOKING.NOW THE ANALYSIS WHICH WAS DONE EARLIER WAS BEARISH...AS MAJOR INTERMEDIATE WAVE LABEL WAS ON COMPLETION,HOWEVER NOW WITH THE OPENING OF TODAY...

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ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) NIFTY TODAY WITH BACKING OF HEAVY WEIGHTS RESULTS LIKE RELIANCE/SBI/SUNPHARMA FAILED TO DO MUCH...RATHER WAS IN A SPREE TO TAKE DOWN STOPLOSS GOD KNOWS FOR WHAT??? IF WE TRY TO DECIPHER THE WAVE INTENT IT LOOKS AS IF IT WAS TRYING TO STOP SELF FROM SKIDDING....IS IT ??? WHAT I PERCEIVE THE DREAM BULL RUN IS ON THE...

bimalscave

GAP ANALYSIS IS ONE OF THE MOST UNDERRATED STUDY AMONG THE TRADERS...EITHER BECAUSE OF ITS NATURE OF SIMPLICITY OR IT MUST HAVE FAILED TO GENERATE ENOUGH INTEREST...I WILL NOT DWELL UPON THE THEORETICAL PART AS MOST OF YOU MUST BE AWARE...IN SIMPLE TERMS I WOULD HIGHLIGHT THE CRUX ... "NO TRADE- PRICE RANGE" THAT MEANS IN THAT PRICE INDEX HAVE NOT TRADED...AT...

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ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) TODAY NIFTY WITH A GAP UP OPENED WITH MOMENTUM HOWEVER FAILED TO SUSTAIN AND FELL MAKING LOWER LOW. YESTERDAY WHAT WE ANTICIPATED WAS OVERTLY OPTIMISTIC..BUT REALISM PREVAILED.THE FIFTH MINUTE WAVE SEEMED TO ME AS TRUNCATED AND THE ENDING DIAGONAL LOOKS COMPLETE...IN THE NEAR TERM, TREND AS OF NOW LOOKS...

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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...

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ANALYSIS BASED ON TECHNICAL PARAMETERS ( NO NOISE) TODAY NIFTY OPENED WITH PREVIOUS DAY MOMENTUM WITH A GAP UP AND REMAINED BULLISH THROUGH OUT THE DAY ACHIEVING ( LAST 4 MONTH HIGH). NIFTY IN A WAY NEGATED AN IMPORTANT BEARISH ELLIOT COUNT OBVIATING BEARS RESURRECTION JUST IMPOSSIBLE... NOW ANALYSIS FOR TOMORROW...NIFTY WILL OPEN GAP DOWN SOMEWHERE AROUND 11240...

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ANALYSIS BASED OB TECHNICAL PARAMETERS ( NO NOISE) TODAY NIFTY OPENED WITH PREVIOUS DAY MOMENTUM HOWEVER, COULDN'T SUSTAIN AND FELL RAPIDLY.NOTWITHSTANDING IN THE LATER HALF TRIED TO RECOVER BUT AGAIN SOME AMOUNT OF SELL-OFF DISPLAYED. NOW ANALYSIS FOR TOMORROW...NIFTY WILL MOVE INTO 3 WAVE (MINUTE) AND LIKELY TO CONTINUE ITS UPTREND...AS THAT CAN BE ASCERTAINED...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY TODAY WITH A GAP DOWN REMAIN BEARISH IN THE INITIAL TRADING HOURS...HOWEVER IN THE LATER HALF BOUNCED BACK AND CLOSED RED WITH A THIN MARGIN...NOW GETTING INTO THE ANALYSIS,YESTERDAY APPRECIATED A ENDING DIAGONAL WITH THE 5TH WAVE EXTENDING ALMOST TOWARDS 11307 ...THE 5TH MINOR WAVE IN FACT TURN OUT TO BE...

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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...

bimalscave Updated 

ANALYSIS BASED ON TECH PARAMETERS NIFTY WITH A GAP UP REMAINED RANGE BOUND. INDEX PRESENTLY IS AT A VERY IMPORTANT REVERSAL PT AND WE COULD WITNESS QUITE A AMOUNT OF DISTRIBUTION ...FROM WHERE STRONG REVERSAL IS EXPECTED...NOTWITHSTANDING MKT IS IRRATIONAL AND WE LOOK FOR PROBABILITIES. THE LINE BREAKS UPTREND TO CONTINUE AND WE CAN EXPECT 11450 IN NEAR...

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ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY AFTER CULMINATING WITH ITS 4TH INTERMEDIATE WAVE,HAVE COMMENCED WITH ITS 5 TH WAVE...BULLISH TREND IN A WAY LIKELY TO CONTINUE FOR TOMORROW AS WELL... ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE. TRADE AS PER OWN RISK ASSESSMENT...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) HDFC BANK WITH ITS STRONG FUNDAMENTALS MAY LIKELY TO DEMONSTRATE A STRONG UPTREND...AN IMPULSIVE 5TH WAVE OF INTERMEDIATE DEGREE HAVE COMMENCED ....HENCE BUY ON DIPS CAN EXPLOITED. ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE WATCH OUT FOR IMPORTANT LEVELS... DISCLAIMER: TRADE AS PER SELF RISK ASSESSMENT.

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY HAVE CULMINATED WITH ITS 4TH CORRECTIVE CYCLIC WAVE...AND COMMENCED WITH 5 TH WAVE CORRECTIVE CYCLIC WAVE...OVERALL TODAY NIFTY REMAINED BULLISH AND IN THE FAG END CROSSED 2OO DMA...IMPORTANT MILESTONE TO DETERMINE OVERALL MARKET SENTIMENT....NIFTY IN THE NEXT TRADING SESSION LIKELY TO OPEN WITH A GAP DOWN...