bimalscave

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY LIKELY HAVE CULMINATED WITH ITS 4TH CORRECTIVE CYCLIC WAVE...AND COMMENCED WITH 5 TH WAVE CORRECTIVE CYCLIC WAVE...OVERALL TODAY NIFTY REMAINED WITHIN A RANGE(TRIANGLE) BREAKING OUT TO CLOSE IN GREEN...AS OF NOW LOOKS POSITIVE.TOMORROW NIFTY MAY MOVE INTO CORRECTION FOR ITS INTERMEDIATE WAVE 2 ASSIMILATION...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY TODAY WITH A GAP UP REMAINED BULLISH AND FILLED THE GAP CREATED YESTERDAY CONVINCINGLY. EAGERNESS TO FILL THE GAP IN THIS CASE REVEALS PSEUDO BULLISHNESS. NOTWITHSTANDING MUCH ANTICIPATED RELIANCE RESULTS AND SUBSEQUENT SHARP FALL FIZZLED OUT ALL THE EUPHORIA CREATED THROUGH OUT BY THE NEWS ANCHOR...BACK TO...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY WITH A THROW-UP MADE A SHARP CORRECTION...BUT IT MAY NOT BE A OVERALL TREND REVERSAL...MY PERCEPTION...TOMORROW NIFTY WILL BE IN CORRECTIVE MODE AND WILL REMAIN VOLATILE...AND MAY FILL TODAY'S GAP CREATED. ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE WATCH OUT FOR IMPORTANT LEVELS... DISCLAIMER: TRADE AS PER...

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) BANK NIFTY LIKELY HAVE CULMINATED WITH ITS CORRECTIVE INTERMEDIATE WAVE...AND CONTINUE WITH ITS WAVE 4 CORRECTIVE POSTURE IN A LIKELY ZIG ZAG MOVE. ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE WATCH OUT FOR IMPORTANT LEVELS... DISCLAIMER: TRADE AS PER SELF RISK ASSESSMENT.

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY LIKELY HAVE CULMINATED WITH ITS CORRECTIVE CYCLIC WAVE...NOW THE CHART REQUIRES A REVIEW FOR HIGHER DEGREE ELLIOT COUNT ONLY AFTER TOMORROW EOD AND CO-RELATE WITH THE PREVIOUS PLOTTING OF DOW. ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE WATCH OUT FOR IMPORTANT LEVELS... DISCLAIMER: TRADE AS PER SELF RISK ASSESSMENT.

bimalscave

DOW INDUSTRIAL HAS ALWAYS REMAINED AT THE VORTEX TO EXTRAPOLATE GLOBAL CUES AND IDENTIFY FUTURE INDEX MOVEMENT. SO IT IS FOR THEM...DOW LIKELY TO FORM A CUP AND A HANDLE PATTERN SOONER OR LATER,AND SUBSEQUENTLY BREAKOUT...IT IS INTERESTING TO NOTE...WHICH SIDE THE US PRESIDENTIAL ELECTION LIKELY TO INCLINE...PERSONALLY I FEEL THE AMERICAN MARKET LIKELY TO REMAIN...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY WILL REMAIN BULLISH TILL COMPLETION OF INTERMEDIATE SUB WAVE CORRECTIVE CYCLE. BUT ON HIGHER DEGREE WAVE CYCLE THINGS LOOK REALLY NASTY. OPTION CHAIN ANALYSIS,DOW INDUSTRIAL ELLIOT WAVE CYCLE ,S&P 500,ALL LOOKS REALLY BULLISH,BUT NIFTY DEPICTING ALL TOGETHER DIFFERENT STORY. I DON'T KNOW SOMETHING ON GLOBAL...

bimalscave Updated 

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) NIFTY WILL REMAIN BULLISH TILL COMPLETION OF INTERMEDIATE SUB WAVE CORRECTIVE CYCLE. BUT ON HIGHER DEGREE WAVE CYCLE THINGS LOOK REALLY NASTY. OPTION CHAIN ANALYSIS,DOW INDUSTRIAL ELLIOT WAVE CYCLE ,S&P 500,ALL LOOKS REALLY BULLISH,BUT NIFTY DEPICTING ALL TOGETHER DIFFERENT STORY. I DON'T KNOW SOMETHING ON GLOBAL...

bimalscave

DISCLAIMER: SETTINGS ONLY FOR EDUCATIONAL PURPOSE.TRADE AS PER SELF RISK APPRECIATION

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO NOISE) NIFTY WITH A BRISK DIP COMPLETED WITH ITS WAVE 4(MINOR) AND TOMORROW LIKELY TO COMPLETE WAVE 5(MINOR) MINUTE AND MINUETTE WAVE DEGREE NOT INCLUDED...PLEASE REFER TODAY LIVE NIFTY ELLIOT PLOT ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE TRADE AS PER SELF RISK APPRECIATION

bimalscave

WATCH OUT FOR LEVELS AS MENTIONED DISCLAIMER: TRADE AS PER RISK

bimalscave

ANALYSIS BASED ON TECH PARAMETERS (NO NOISE) NIFTY WILL REMAIN UPTREND BIAS.. CHART IS 15 MIN PLOT..MINOR WAVES NOT INCL...ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE TRADE AS PER INDIVIDUAL RISK

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS (NO NOISE) WAVE 5 IS UNDER PROG... EXPECT A DOUBLE TOP AFTER WHICH THEIR IS A POSSIBILITY OF REVERSAL..TILL THAN NIFTY WHICH ALTHOUGH HAVE MINIMAL CO-RELATION BUT STILL WITH GLOBAL SENTIMENT LIKELY TO CONTINUE WITH ITS PREVAILING UPTREND.VIEWS ONLY FOR EDUCATIONAL PURPOSE.TRADE AS PER SELF QUANTIFIED RISK

bimalscave

ANALYSIS BASED ON TECHNICAL PARAMETERS(NO-NOISE) NIFTY LIKELY TO CONTINUE WITH ITS UP TREND. MAJOR FRACTALS AS MARKED ON THE CHART ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE. TRADE AS PER RISK

bimalscave

PLEASE REFER MY PREVIOUS POST ON THE CHART ON NIFTY FORECAST FOR 6 JUL 2020 MADE SOME AMENDMENTS ON ELLIOT LABELING AND INCLUDED HTF ELLIOT PLOT. VIEWS MOST WELCOME

bimalscave

ANALYSIS BASED OB TECHNICAL PARAMETERS ( NO NOISE) TODAY NIFTY AFTER HAVING A STRONG UPTREND BEAT MOVED INTO CORRECTIVE MODE AND SIMULTANEOUSLY COMMENCED WITH ITS PH 2 UPTREND IN THE LATER HALF. BUT WE NEED TO BE CAUTIOUS AS THE ENTIRE MOVEMENT IS SOMEWHAT IS NOT VOLUME SUPPORTED HENCE,STILL HOLDING THE POSSIBILITY WITH A-B-C CYCLIC.SECONDLY, ALTHOUGH NIFTY...

bimalscave

ANALYSIS BASED OB TECHNICAL PARAMETERS ( NO NOISE) TODAY NIFTY BROKE THE CHANNEL WITH GAP UP AND REMAINED BULLISH TILL FAG END OF THE DAY W/O DISPLAYING ANY WEAKNESS. WAVE 3 COMPLETED TODAY WITH 161% RETRACEMENT. CYCLE IV WAVE AS OF NOW LOOKS INCOMPLETE AS IT HAS NOT RETRACED TO THE DESIRED LEVEL.TAKING IT FURTHER AS OF NOW WAVE V IS UNDER PROG AND LIKELY TO...

bimalscave

ANALYSIS BASED ONLY ON TECH PARAMETERS(NO NOISE) FEW LESSONS LEARNT...NEVERMIND NIFTY PRESENTLY TRAVERSING WITHIN A WEDGE VIEWS MOST WELCOME