Monday, January 12, 2009

d wave target still remaining-nifty 12-16 jan

strategy:-

NIFTY_F1* RC Wave* stoplls:2,852 next day_Buy above :2,869.94next day up target>2,899>>2,945>>>2,974
---------------------
NIFTY_F1* RC Wave* stoplls :2,870 next day_Short bellow :2,852.16next day lower target >2,823>>2,777>>>2,748

Arguement:-
let us progess our previous forcasted chart
we r corrently riding on c-d down wave target
and d wave target area look near on 2748
chances that we see some upside as e wave progress
but
befor ridding e wave wait for market up day closing or let the cross intraday buy above level.
since this e wave is small upside zone. and mazor wave is downward .we will r intrested in add partial buy postion at lower side with selling 3k call option as protection