Saturday, May 25, 2013

Nifty view for 27-05-2013

Nifty is likely to complete Big A within this expiry and counts are as follows:

w1 6229.45 6119.85 109.60
w2 6119.85 6179.45 -59.60 -0.54*w1
w3 6179.45 5936.85* 242.60 2.21*w1 so far
 
w3.sw1 6179.45 6103.10 76.35
w3.sw2 6103.10 6138.35 -35.25 -0.46*sw1
w3.sw3 6138.35 5936.85 201.50 2.64*sw1
w3.sw4 5936.85 6006.00 -69.15 -0.34*sw3

sw3.1 6138.35 6074.55 63.80
sw3.2 6074.55 6103.65 -29.10 -0.46*sw3.1
sw3.3 6103.65 5972.55 131.10 2.05*sw3.1
sw3.4 5972.55 6015.20 -42.65 -0.33*sw3.3
sw3.5 6015.20 5936.85 78.35 1.23*sw3.1

sw3.4.a 5972.55 6009.75 -37.20
sw3.4.b 6009.75 5955.70 54.05
sw3.4.c 5955.70 6015.20 -59.50 

Nifty likely to open gap down and can head to levels of 5930 but not below 5882 on Monday to complete sw3.5....

After that triangle or complex corrective will take again above 6030 levels as sw4 might before expiry day...



No comments: