Wednesday, October 12, 2011

Nifty EOD 12.10.2011

Continuing my WXY count for W4 from 4720 upwards:

First on the Charts:
http://img827.imageshack.us/img827/1870/nifty12102011.png

Now the datails:

W=4720-5169(=449) though it ended at 5026.

And then X = 5026 - 4729 as a 3 wave:
a=5026-4824=202
b=4824-4870=46(23%)
c=4870-4729=150(71.5% of a)

On hourly charts this a =5026-4824( C of W made a high of 5034 but ended at 5026 so a of X has been taken as starting from 5026).

Y=4729-5045-4965-5109* in progress and so far:

A= 4729-5045=316
a=4729-4923=194
b=4923-4861=62
c=4861-5045=184

B= 5045-4965=82
a=5045-4992=53
b=4992-5018=26
c=5018-4965=53

C=4965---upwards as 5 wave form ; Target minimum 0.618*A=196=5161 or C=A=316=5281
(i)=4965-5057=92
(ii)=5057-4998=59
(iii)=4998-5109* in progress and likely to test 5147(min)

Thus one can very safely retain one's longs till 5161.
SL for longs should be 5056.

On charts this Y can be seen as:
http://img703.imageshack.us/img703/4286/nifty12102011.jpg

And the Y.C can be seen as:
http://img72.imageshack.us/img72/7042/nf1210.jpg

Raghu
at

4 comments:

  1. shriramOctober 13, 2011 at 12:01 AM

    Vanakkam Guruji,

    Eppdi irrukinge ???

    By grace of Muruga, here is new Ennada Rascala Rajnikanth Count-u for Nifty AMMA ji ;-D

    C.4.A: 4720 5169 449
    C.4.B: 5169 4741 -428 -95.3%
    C.4.B.a: 5169 4911 -258
    C.4.B.b: 4911 5034 123 -47.7%
    C.4.B.c: 5034 4729 -305 118.2%
    C.4.C: 4729 5110 381 84.9%
    w1 4729 4828 99
    w2 4828 4741 -87 -87.9%
    w3 4741 5045 304 307.1%
    w4 5045 4965 -80 -26.3%
    w5 4965 5110 145 47.7%
    ssw1 4965 5056 91
    ssw2 5056 4998 -58 -63.7%
    ssw3 4998 5110 112 123.1%

    Tgt C=A , 5178
    (matches wid possible values of sub fracts ssw3,4&5 of w5 of C)

    Enna thought ssaaar ?? ;-))))))

    ur
    EW paiyya

    ReplyDelete
  2. RaghuvanshiOctober 13, 2011 at 5:46 AM

    This comment has been removed by the author.

    ReplyDelete
  3. RaghuvanshiOctober 13, 2011 at 6:44 AM

    Dear Shri,
    Vanakkam!
    Based upon your counts ,I have drawn a chart(to understand these better):
    http://img94.imageshack.us/img94/1882/niftyshricounts.png

    Please have a look and let me know if I have drawn anything wrong as most of my discussion of these counts will be based on this chart.

    1.
    Q
    C.4.B.b: 4911 5034 123"
    UnQ
    can be further seen as:
    C.4.B.b.a=4911-5168.4=257.4
    C.4.B.b.b=5168.4-4759=409(=159%)is not acceptable.Also it is an impulse form(IMHO);

    And your mentioning C.4.B.b=123 is also beyond my comprehension as its actual length comes to 5168.4-4759=409(high to low)which becomes 158%of C.4.B.a: 5169 4911 -258

    2.
    Q
    C.4.C: 4729 5110 381 84.9%
    w1 4729 4828 99
    w2 4828 4741 -87 -87.9%
    w3 4741 5045 304 307.1%
    w4 5045 4965 -80 -26.3%
    w5 4965 5110 145
    UnQ

    Idile unu chinna prachanam--

    w3=307% of w1
    w5=145*= already 146% of w1; Targetted 5178 means 213=215% of w1

    orey wave il eranduru extn aavde shery ilya---
    IMHO

    If I have understood your counts badly,please pardon me.(Hope you will appreciate, at least, that I have devoted a considerable time to analyse these)

    Raghu

    ReplyDelete
  4. shriramOctober 13, 2011 at 11:03 AM

    HAHHAHA....

    aapka tamil to mere se bhi accha hein guruji ;-D

    And ur right, my previous C.4.B.b was a slightly better label

    This one is stretching too much like Rajni's Lungi !!

    :-)

    urs
    SMO

    ReplyDelete

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