W1=4639-4866=227
W2=4866-4755=111
W3=4755-5062* and should do a minimum of 5122(=1.62*W1) to max 5720(=4.25*W1) in 5 sub waves:
(i)=4755-5011=256
(ii)=5011-4916.7=95
(iii)= 4916.7 upwards likely to test min 5332[1.62*(i)=415] as a 5 wave form
4916.7-5062.55=146
5062.55-5002.55*=60(41%) ideally should have done 62% retracement as zig-zag. May still do as an expanded flat.
Raghu
http://kolkatabull.blogspot.com/2011/12/nifty-what-may-be-unfurling.html
ReplyDeletehas mentioned ur views partly.
Regards & thanks
I'm a small man Lalitji.In this vast humanity of Nifty followers,some may agree & many may disagree.Afterall,subjectivity is the hallmark of EW studies.
ReplyDeleteLets see if our studies have given a bulge or a hole in our pockets,because ultimately "nothing succeeds like success".
:-)