Hanumanji

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

Thursday, May 31, 2012

Nifty: EOD 31.5.2012-Various Probablities


I am listing these out to illustrate how one various Probabilities are open and how the market may move within a range ---
Levels to watch tomorrow are
 4982.05 on the upside and
4906.2 on the downside.
My bet is on 4906.2 getting breached and then testing 4845.
I am looking at the downmove from 5020 a a Diagonal first wave:
(i)=5020-4945=75
(ii)=4945-4982
(iii)=4982-4883=99
(iv)=4883-4947*
(v) down again by more than 99


And for those who may be interested in today's Intra-day move and its labels:
A tick above 4978.7 would invalidate this Count


Raghu

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