Today nifty move is as expected ie towards 5740...
Will it do 5740 or not is still questionable as there is prevaling negative divergence on 5 mins charts..
Updated counts as follows only for this small upmove..
(a) 5566.90 5666.20 99.30
(b) 5666.20 5579.60 -86.60 -0.872
(c) 5579.60 5740.27 expected at 1.618*(a)
Gap up move means sub subwaves will be subsummed.....
Take subwave as pinch of salt it can be wrong also...
(c).i 5579.60 5662.15 82.55
(c).ii 5662.15 5631.15 -31.00 -0.38*(c).i
(c).iii 5631.15 5699.20* 68.05* 0.82*(c).i so far can do upto 5764 or even more...
(c).iv and (c).v will follow later....
Will it do 5740 or not is still questionable as there is prevaling negative divergence on 5 mins charts..
Updated counts as follows only for this small upmove..
(a) 5566.90 5666.20 99.30
(b) 5666.20 5579.60 -86.60 -0.872
(c) 5579.60 5740.27 expected at 1.618*(a)
Gap up move means sub subwaves will be subsummed.....
Take subwave as pinch of salt it can be wrong also...
(c).i 5579.60 5662.15 82.55
(c).ii 5662.15 5631.15 -31.00 -0.38*(c).i
(c).iii 5631.15 5699.20* 68.05* 0.82*(c).i so far can do upto 5764 or even more...
(c).iv and (c).v will follow later....
No comments:
Post a Comment