Now,it remains to be seen whether this downmove from 5400 plays out as a 5 wave or a three wave form.So far it has done:
SW1=5400-52o2=198
SW2=5202-5326=124
SW3=5326-5142*=184
5326-5257=69
5257-5317=60
5317-5142=175
5142-5188*(5142-5188-5160--- likely to test 5206)
Down to 5136
This is the ideal SW3 formation which indicates a swing in 5206-5136 range.
Alternatively, if we go above 5257 then SW3's above mentioned swing would not take place and consecutive downmove would be much deeper, upto 5020.
And if we go above 5326, that would indicate end of downmove at 5142 and a fresh upwave would be taken up---
So take your positions accordingly.
Raghu
So whats ur gut feel ?Or which probability is higher ?Regds.
ReplyDeleteDear Raghuvanshi ji !
ReplyDeleteAll is well !but
(1) What is the Best suited name for this 5400 down ward ? worth knowing because police has been searching the offender of breaching the Barrier/s !
(2) 4th of SW1: 5207 to 5300 was with out any jhatka patkee which required to name it as 4th.
NOI
lalu
Dear Raghu ji !
ReplyDeleteThere is a chart with interrogative heading !" what is the Glitch" posted by chandraranjan ji maharaj, appeared at FB,s forum.please tell your friend "Sant Kabir" dass ji maharaj to check that.
Is any gadbad in that view point, if so then what?
IMHO/NOI
lalu
Dear Animoitra,
ReplyDeleteAs far as gut feels are concerned, yours is as good as mine.
These levels are mentioned as good entry and SL points.And one has to use them accordingly.
Dear FPG,
ReplyDeleteThanks for taking the avataar of LPY once again."yada yada hi dharmasya ----".
If you read my previous day's -- particularly EOD 2.11.2011 and EOD 3.11.2011--- counts,you would get all answers to your queries.
Regds,
Raghu
Raghu ji,
ReplyDeleteKindly look at the counts below:
Move from 5400-5201.45 is an impulse with w5 of w5 extension.
Wave 0 - 5400
Wave 1 - 5317.1,(82.9 pts )
Wave 2 - 5356.5,(39.4 pts,47.53% of w1)
Wave 3 - 5204,(152.5 pts,183.96% of w1)
Wave 4 - 5299,(95 pts ,62.3% of w3)
Wave 5 - 5202.45,(96.55 pts ,116.47% of w1)
49.26% of w1 and w3
W5:
-----------
Wave 0 - 5299.85
Wave 1 - 5272.65,(27.2 pts )
Wave 2 - 5296.25,(23.6 pts,86.76% of w1)
Wave 3 - 5231.75,(64.5 pts,237.13% of w1)
Wave 4 - 5252.95,(21.2 pts ,32.87% of w3)
Wave 5 - 5201.85,(51.1 pts ,187.87% of w1)
75.04% of w1 and w3
It got retraced with corrective waves which could not make above end of W2 of previous
impulse at 5356
Extension retracement via corrective:
---------------------
Wave 0 - 5201.85
Wave a - 5271.55,(69.7 pts )
Wave b - 5252.3,(19.25 pts,27.62% of a)
Wave c - 5326,(73.7 pts,105.74% of a)
Note:
--------
Move from 5296.15 - 5326 , i am not able to see impulse form. (5326-5296-5326)
Next impulse move from 5326
-----------------------------
Wave 0 - 5326
Wave 1 - 5252,(74 pts, impulse with 5 fractals)
Wave 2 - 5317,(65 pts,87.84% of w1 via expanded flat)
Wave 3 - 5142,(175 pts,236.49% of w1)
Wave 4 - 5188 - in progress
Higher degree wave from 5400:
---------------------------
Wave 0 - 5400
Wave a - 5201.45,(198.55 pts )
Wave b - 5326,(124.55 pts,62.73% of a)
Wave c - 5142,(184 pts,92.67% of a)
Thanks
Sekar
raghuji,
ReplyDeleteif 5257 broken then downmove to 5026. not able to think how???? move from 5400 looks like leading
diagonal frm 5400
mujhe to koi cheez kuch bhi lag jati hai... in threes but perfectly parallel not wedge..
Dear Sekar,
ReplyDeleteQ
Higher degree wave from 5400:
---------------------------
Wave 0 - 5400
Wave a - 5201.45,(198.55 pts )
Wave b - 5326,(124.55 pts,62.73% of a)
Wave c - 5142,(184 pts,92.67% of a)
UnQ
If you have noticed, I have mentioned the same counts as SW1,SW2,SW3. May be you are sure that the downmove from 5400 would be a 3 wave so you have labelled it a b c but I am not so sure whether this down move would be a 3 wave or a 5 wave---
Piyush bhai,
ReplyDeleteGive some more time. Clearer picture would emerge
yes guruji,
ReplyDeletethats the best option now..