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 IN THE INITIAL OF THE SESSION...WHAT I PERCEIVE BANK NIFTY LOOKS WEAK AND DRAGGING NIFTY, AND NIFTY COMPLETELY DEPENDENT ON RELIANCE....TOMORROW BANK NIFTY AGAIN WILL BE IN RED AND PROBABLY MOV TOWARDS 21000.... ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE. TRADE AS PER OWN RISK ASSESSMENT.
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DONE FOR THE DAY... BIT DISHEARTENED...NO LIKES ??? UNABLE TO KNOW WHETHER IT IS HELPFUL OR NOT!!!