So 5325 showed its strength as a resistance and we have our counts now:
SW1=5400-5202
SW2=5202-5325* in play
A=5202-5325.8
B=5325.8-5257* in play
a=5325.8-5257
b=5257-5291.5
c=5291.5-5276.5* in play-- Tgt-1=5249;Tgt 2=5223
Then C upwards again----
EOD as well as Intra-day look of the waves on the charts can be seen here.Raghu
Dear raghu ji,
ReplyDelete5400-5202=198;
198*0.618+5202=5324;
And today nifty done 5326.
Why not c started in a 5 wave form from 5326 seems little impulsive also.