Thursday, May 14, 2009

c down wave nifty following

yes market behaved same way as we have pointed in last 2 day back report
taken supprot area from A and went upto B high
in 2 days .
3rd is reversal day expected
now c down wave is on card
lenth of C wave will be more than A wave
plz note that
THIS is bull market correctin so..avoid lower side shorting..
cover on lower side and sell on uper side
allaways recovery wil come
(usual tendecy of marekt in corrective wave)
overall chiosity of market tells us advance news
some uncertintiy in polictal /hang parliament each day new statment of THE great poltician
let us see...
watche these lelve for day trading purpose
S&P CNX NIFTY* RC Wave* stoplls :3,642 next day_Short bellow :3,628.06
next day lower target >3,605>>3,567>>>3,544




Tuesday, May 12, 2009

nifty 4 th down wave progressing


yes market behaved same way as human mass psychology
every thing is under systematic and following EW thory
in last report we had told wait for next 2 days
market moment will cool off and bear willl be winner
it happend same .
now this is 3 rd day consucutive decline near term some support area looks A WAVE
and will agian some upside as B WAVE
then again C down wave..termination of 4th corrective wave
S&P CNX NIFTY *RC Wave* stoplls :3,637 Short bellow :3,601.99lower target WLT1>3,545>>3,452>>>3,395
last reprot clint have advisid to take 3500 put or sell 3750 call option..
hope all of enjoyed. it