Hanumanji

Hanumanji
Jai Hanuman Gyan Gun Sagar Jai Kapeesh Tihu Lok Ujaagar Ram Doot Atulita Baladhaama Anjani Putra Pavanasuta Naama

Friday, January 6, 2012

Nifty : EOD 6.01.2012

Updating the Chart in continuation with yesterday's Count:



While the day's moves were broadly in tandem with Count but the ferocity of moves particularly around 2.30PM when it moved from 4700 to 4790+ and then back to 4735 was quite rattling and even now I am not able to assign a discernible pattern to this Corrective Z.b from 4781.55 downwards(last three days)to 4686.9.
Otherwise also as Z.a=4588.15-4781.55=193.4 ,so Z.c has to be a minimum 0.62*Z.a=120;
so even if we take Z.b to be over at 4686.9,Z.c should have travelled upto 4807.

So all I can say at present is that the upmove still has some steam left and the full story of Z has yet to unfold.

Raghu

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