ELLIOT FORECAST FOR 30 JUL 20
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 PROJECTIONS REALLY LOOK OVERTLY OPTIMISTIC...3RD MINUTE WAVE IS EXTENDED SO, THEIR ARE TWO POSSIBILITY EITHER 5 MINUTE WAVE WILL BE TRUNCATED OR GO WITH THE NATURAL FIB EXTN...BUT DO PROJECTION INDICATE SOMETHING...SOME POSITIVE NEWS IS ROUND THE CORNER...I DON'T KNOW...LETS SEE TOMORROW...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.
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 PROJECTIONS REALLY LOOK OVERTLY OPTIMISTIC...3RD MINUTE WAVE IS EXTENDED SO, THEIR ARE TWO POSSIBILITY EITHER 5 MINUTE WAVE WILL BE TRUNCATED OR GO WITH THE NATURAL FIB EXTN...BUT DO PROJECTION INDICATE SOMETHING...SOME POSITIVE NEWS IS ROUND THE CORNER...I DON'T KNOW...LETS SEE TOMORROW...
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT.
ملاحظة
FOR TRUNCATED 5 MINUTE WAVE...11290ملاحظة
GUYS THESE ARE MERE PROJECTIONS...MY APPRECIATION MAY FALTER...AND CAN GO WRONG...MY ENDEAVOUR IS TO PROVIDE AN INSIGHT...ملاحظة
NOW AFTER THIS...LEVEL I AM NOT COMFORTABLEملاحظة
11296....CRITICAL LEVEL...AFTER THIS WAIT AND WATCH...CLOSED ALL TRADESملاحظة
TWO POSSIBILITY NOW IF MOVES UP BEARISH SIGNATURE...IF MOVES DOWN AND 11225 LEVEL GAP FILLS BULLISH SIGNملاحظة
GUYS WHEN NIFTY TOUCHES 11296 THIRD TIME...EXPECT A SHARP DECLINEملاحظة
F#
K IT FELL WITHOUT MY PERMISSION👨 SORRY GUYS...APPRECIATION WENT WRONG....NEVERMIND....MY OVERALL VIEW STILL INTACT WITH MORE CONVICTION NOW...IF YESTERDAYS LOW NOT TAKEN OUT...ملاحظة
WILL NOT FALL BELOW 11140ملاحظة
VIEW NOW INVALIDATES....FRESH REVIEW (PIVOTS) ...SHORT ENTRY
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