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Monday, September 3, 2012

Nifty Astro technicals- a look at different ABC Retracements

It is interesting to see the same kind of dates and levels coming up with different kinds of ABC Retracements, in Nifty.
Let me illustrate:









The charts are simple and self explanatory. Critical dates seem to be September 04, 11 and 17.5400 comes across as an important resistance.
Does this correlate astrologically?

We will see in the next post  

2 comments:

Kamalesh P Langote said...

Hi...

Found your site thru Google Plus... Excellent site and analysis.

Since the site was so good, I just posted a link on vfmdirect.com so that other people also become aware of it and get interested in astrotechnicals and elliotwave.

Keep up the good work.

Regards

Tekkiesuresh said...

Dear Kamleshji,
That a person of your standing and eminence finds my blog interesting is a shot in the arm for me!This blog is essentially an expression of passion and the desire to share whatever observations I make, to the world at large. If more people see this blog, understand it, contribute to the discussions and collectively benefit, then I would consider my time well spent. Since it is perceived as a difficult and esoteric subject, I expect people to take time to understand.
Meanwhile, sincere thanks from the bottom of my heart, for your comments and gesture of placing a link in your popular vfmdirect.com.

Warm Regards,


Suresh