In the second scenario third wave could commence from 16/ 17 December....
Friday, December 7, 2012
Thursday, December 6, 2012
Nifty Astro Technicals for December 06, 2012
When Nifty touched 5919 today, it had achieved a retracement of 76.8% of the drop from November 08 2010 to December 20, 2011.Repeating once again what we had repeated several times,this D leg of Nifty can retrace up to 98% of the previous C leg.
The next important level to watch out for is 5977, which represents 80% of the retracement from
6338 to 4531.
The next important level to watch out for is 5977, which represents 80% of the retracement from
6338 to 4531.
Wednesday, December 5, 2012
Nifty Astro Technicals for December 05 2012
Nifty is firmly in the fifth wave and after the initial dynamic move, it had consolidated on December 03 and 04. The next reversal date is nearby, December 06/07th, 2012.
Monday, December 3, 2012
Nifty Astro Technicals for the week Dec 03 to 07, 2012
Meanwhile please trade carefully with proper stop losses in place.
Friday, November 30, 2012
Nifty Astro Technicals for Nov 30- Long Term
When Wave C of D ( which is in progress right now) from June 04, 2012, reaches 5869, it will achieve equality with Wave A of D , which had started from December 20, 2011.On December 28, we would have travelled twice the time in Wave C than what we took for Wave B.
Nifty Astro Technicals for November 30, 2012
In a swift development over two days, Nifty just took off....into fifth wave of the fourth. As we see the modified structure now,G wave went through a failure, as it looks now and we are on to the final impulse wave of this ABC formation from December 20, 2011.
On November 20, 2012, Nifty made a bottom of 5549 and then rallied 89 points as the first leg of wave 05. That was 89 points. The current rise from November 23, is the third wave and it has risen 194 points so far, from 5636.2.618 times 89 is 233. This corresponds to 5869. This is the first level to watch.
Wednesday, November 28, 2012
Subscribe to:
Posts (Atom)