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ELLIOT FORECAST FOR 22 JUL 20

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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 FUTURE...TOMORROW NIFTY WILL BE CORRECTING AND LIKELY TO FILL THE GAP CREATED DAY BEFORE YESTERDAY.
ASSIMILATION ONLY FOR EDUCATIONAL PURPOSE
TRADE AS PER OWN RISK ASSESSMENT...

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MANDATE A REVIEW...NO TRADE AS OF NOW...

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GUYS FINE NOW...BIT BUSY IN THE OFFICE, THAT'S WHY PREEMPTED A POST...STILL HOLDING WITH THE COUNT...UNCERTAINTY STILL PERSIST.

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TODAY WILL POST THE SUPER CYCLE WAVE DEGREE OF NIFTY...WITH OUR FAVORITE MIRROR DOW...COMPARISON...THINGS WILL GET CLEARER...

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SORRY GUYS...WILL REMAIN BUSY...NO ELLIOT FORECAST FOR TOMORROW