Sunday 6 September 2015

Nifty as Perceived on Teachers' Day

I am not going to write much.  Following the fall as 4th of the rise.  Fall seems to have completed or is very near to its completion.

There are few essential WWs as shown on this chart. 5th of all are done.  target leg may commence any time.  Baselines must be kept in sight.


The EW as perceived is as shown on the chart below:


Based on these the likely moves that may ensue are as below:




2 comments:

  1. A 300 point rise may have commenced now. SL should be kept at 7819.

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  2. SL gone. But now there is a better opportunity for entry into longs. 8100 or so still remains possible with a possible strtch to 8300.

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