1.00PM
In hotel for Lunch.
Nifty seems to have played a complex (iii) of C
To recall:
C in play from 5498 downwards:
(i)=5498-5363
(ii)=5363-5433
(iii)=5433 downwards
sw1=5433-5305=128
sw2=5305-5340=35
sw3 in play from 5340 downwards
Its 1st subwave is playing out a diagonal
4340-5282
5382-5323
5323-5239
5239 upwards in play likely to go above 5297 but not above 5323.
So best trade would be to Short above 5300 with SL at 5324 and target min 100 points
2.15 PM
Get ready for shorting around 5300 SL 5324 target minimum 84 points down
At close:
Very complicated wave form in play.
4th of diagonal still not over.
So tomorrow also we shall do the same up-down in between 5230-5320
In hotel for Lunch.
Nifty seems to have played a complex (iii) of C
To recall:
C in play from 5498 downwards:
(i)=5498-5363
(ii)=5363-5433
(iii)=5433 downwards
sw1=5433-5305=128
sw2=5305-5340=35
sw3 in play from 5340 downwards
Its 1st subwave is playing out a diagonal
4340-5282
5382-5323
5323-5239
5239 upwards in play likely to go above 5297 but not above 5323.
So best trade would be to Short above 5300 with SL at 5324 and target min 100 points
Get ready for shorting around 5300 SL 5324 target minimum 84 points down
Very complicated wave form in play.
4th of diagonal still not over.
So tomorrow also we shall do the same up-down in between 5230-5320
Thank you very much Sir & wish u very happy journey.
ReplyDeleteguruji,
ReplyDeleteur bullish count of wxy as b working ??
i didnt read ist subwave of sw3 as a diagonal, now clear.
ReplyDeleteenjoy ur trip ...