Hanumanji

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

Tuesday, July 3, 2012

Trading Nifty on 03-07-2012


Now this C can be a 5 wave Impulse:
C1=4770-5124=354
C2=5124-5015=109
C3 in play and as an extended wave should do minimum 1.62*C1=574=5590

This C can be a Diagonal also(3x3x3x3x3):
C1(as a 3 wave form):
sw1=4770-5124=354
sw2=5124-5015=109
sw3=5015+354=5370 or minimum 0.62*354=220=5234 (already done)

Which form C is going to take should be known by this week-end.


12.00 N
2.22 PM
A 3 wave corrective to the down and upwards again
Looks like a 5 wave from 5095:
5095-5160=65
5160-5126
5126-5317
5317-5266
5266+65=5331 (likely).
Longs must keep SL at day's low


EOD




Which side will it break--upside would mean a 5 wave Impulse as C
Downside would mean a 3x3x3x3x3 diagonal C
Posted by at

11 comments:

  1. ManishJuly 3, 2012 at 8:47 AM

    Gurudev

    Namshkar and Pranam.

    Marg Darshan ke liye Dhanyavaad aur aapko Guru poornima ke din kee bahut Shubhkamnaayein.

    ReplyDelete
  2. sharekhanJuly 3, 2012 at 9:24 AM

    Guru Brahma Gurur Vishnu,
    Guru Devo Maheshwaraha.
    Guru Saakshat Para Brahma,
    Tasmai Sree Gurave Namaha

    My sincere love to my guru on this auspicious day of Guru Purnima

    ReplyDelete
  3. Piyush ShardaJuly 3, 2012 at 9:28 AM

    guruji,

    pls accept my salutations on guru purnima. waves for me acquired
    a different dimension after reading u posts.

    ReplyDelete
  4. BalaJuly 3, 2012 at 10:01 AM

    Guru ji!

    Pls accept my salutations on Guru-Parv, you are most cool Guru:-)

    ReplyDelete
  5. Piyush ShardaJuly 3, 2012 at 10:47 AM

    guruji,

    if a 5 wave impulse corrects. is it necessary that the abc correction goes below wave 4 of the 5 wave impulse??

    ReplyDelete
    Replies
    1. RaghuvanshiJuly 3, 2012 at 11:06 AM

      Dear Piyush,
      Nothing like that---particularly if W2 had been deep.
      In current scenario(4770 upwards) I thought it should but it didnot.
      In general the guideline says two things
      1.W4 goes near sw4 of W3;
      2.If an EW channel is drawn--joining ends of W1 & W3 and a parallel line from W2 end-- then W4 at times breaks this channel and W5 ends short of it--

      Delete
    2. RaghuvanshiJuly 3, 2012 at 11:10 AM

      Sorry I wrote something that you did not ask.

      Yes, in majority of cases, the end of 5 wave impulse gets announced by the corrective to this impulse going below beginning of W5(otherwise how would we know whether 5th has ended?

      Delete
    3. Piyush ShardaJuly 3, 2012 at 11:33 AM

      thank u guruji,
      u explained it perfectly . there was a recent example too which i was missing.u brought notice there too. in all possible labellings frm 4770, 4995 was not breached though we went close 5015,5041,5047

      Delete
  6. RaghuvanshiJuly 3, 2012 at 11:01 AM

    Thanks to everyone for their kind greetings---
    Though it should ideally be an exchange between fellow learners but why argue---
    :-)

    ReplyDelete
  7. SmitaJuly 3, 2012 at 11:24 AM

    Wish you a very happy Guru Purnima Raghu ji !

    ReplyDelete
  8. YashJuly 3, 2012 at 12:21 PM

    This day is very apt to write here. Just wanted to thank you from the bottom of my heart for all the lessons you have given us. A big example is of how well you treat and respect your own guruji, saadar pranaam to him too---

    Happy Guru Pournima, wish you all the success and joy in life Sir--

    ReplyDelete

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