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
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ReplyDeleteOne thorn in our count for ABC as 4720-5034(5024)
ReplyDeleteCLOSING 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
Dear guruji,
ReplyDeletewot 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