Hanumanji

Hanumanji
Jai Hanuman Gyan Gun Sagar Jai Kapeesh Tihu Lok Ujaagar Ram Doot Atulita Baladhaama Anjani Putra Pavanasuta Naama

Friday, September 30, 2011

Nifty EOD 30.9.2011

Yesterday I wrote:
Q
Thus both the Probablities ( one being the start of W5 and the other being SW2 of C) point to an immediate downmove and so tomorrow looks almost certain to end in red.
UnQ

And it proceed on the same lines.
This downmove so far has taken the following form:
SW1=5035-4953
SW2.A=4953-5026(as a 5 wave form)
SW2.B=5026-4924(as a 3 wave form)
a=5026-4968
b=4968-4994
c=4994-4924
SW2.C to the up is pending but should not go above 5035

For those on the long side should keep a SL at 4910
For shorting best levels would be above 5025 with a SL at 5036

On charts this count can be seen as:
http://img840.imageshack.us/img840/599/nifty3092011.jpg

Raghu

5 comments:

  1. pranam guruji,

    Am thankful for ur kind blessings.

    The link given is not opening, Pls post it again, Also pls post the HIGHER DEGREE chart as per ur labeling

    urs
    SMO

    ReplyDelete
  2. SW2.A=4953-5026(as a 5 wave form)=73
    SW2.B=5026-4924(as a 3 wave form)=102

    1. SW2.B (140%) of SW2.A ?
    2. Look of SW2.B is more like a (C) or impulse.

    ReplyDelete
  3. Yes Laluji,
    Look of SW2.B can be seen as an impulse with extended 5th but I am not able to understand three consecutive waves viz.
    5034-4953
    4953-5026
    5026-4924
    as impulses.
    So tried looking at 5026-4924 as a 3 wave form

    ReplyDelete
  4. When we see Consecutive impulse waves, then is it not better to label them as of different degree waves?

    ReplyDelete
  5. Jee Laluji,
    That would have been better.
    In fact I made another mistake---
    B can go beyond A by 138.2% but A in such case has to be a 3 wave form. Now I was looking for a B(5026-4924) below A (4953-5026 which was a clear 5 wave form. That was not a correct thing to do.
    My performance has been quite dismal in this W4----
    :-(

    Raghu

    ReplyDelete

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