Hanumanji

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

Monday, October 10, 2011

Nifty EOD 10.10.2011

Carrying forward from yesterday:
Q
So my Preferred Count as it stands today is:
W5 in action as an Ending Diagonal :

SW1=5026-4729 its 3 subwaves being
5026-4824=202
4824-4870=46
4870-4729=141(70% )

SW2 in play, again as a three wave
A=4729-4922*(a 5 wave form)
B & C yet to fan out and may very well test 5000 as a zig-zag
UnQ

And as it stands today:

W5 in action as ED(3*3*3*3*3):
SW1=5026-4729
SW2=4729-4990*
A=4729-4922
B=4922-4861
C=4861-4990* basic min req of C=0.618*A has been fulfilled

So I am now ready for a slide down as SW3 to below 4729 levels (again as a 3 wave form)--
SL for all shorts should be at 5027.

On charts:
http://img833.imageshack.us/img833/4993/nfty10102011.jpg

Raghu

3 comments:

  1. This comment has been removed by the author.

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  2. One thorn in our count for ABC as 4720-5034(5024)

    CLOSING PRICE
    A 4748 5169 -421
    B 5169 4766 403
    C 4766 5015 -249 59.1%
    HI-LO PRICE
    A 4720 5169 -449
    B 5169 4759 410
    C 4759 5034 -278 61.2%

    C has NOT DONE the MIN 61.8% x A, on both prices

    Pls advise

    ReplyDelete
  3. Dear guruji,

    wot if we saw B as : 5169-4759-5034-4729 ??

    See this pls!

    A 4720 5169 -449
    B 5169 4729 440
    C 4729 4988 -259 57.7%

    TARGETS for C

    1. C min =0.618xA : 5006.482
    2. C= A : 5178

    Can we Look @ UP move from 4729 as a 5 wave C ??!!

    urs

    ReplyDelete

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