it looks this up rally has some more upside on morning opeinging but difficult to sustian upside.higher side is shorting upertunity and lower side short covering is best trade idea. this week .on houly scale nifty future bullish so in intermedite term consolidation cant ignore..tehcnicaly this nifty 4400 and 4150 area has to be consolodite first..so call selling 4400 and 4150 is good option stergies
UPWAVE(0-1) WUT1: --4,426
WUT= WEEKLY UPER TARGET
++++(4,314.55) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
-----(4,245.45) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---4,134
Sunday, September 21, 2008
Tuesday, September 16, 2008
USDINRreport
USD INR.(CURRENCY)..CMP IS 46.95......IN NEAR TERM. LOWER SIDE PRICE (COSOLDTIATON) CANT IGNORE...BOOK PROFIT AND BUY AROD 44 LEVEL
Monday, September 15, 2008
dowjones 15-19 sept weekly rpeort
++++(11,462.92) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(11,393.08) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---11,280
DOWN WAVE(2-3) WLT2 : : ---11,097
DOWN WAVE(4-5) WLT3 : ---10,984
----(11,393.08) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---11,280
DOWN WAVE(2-3) WLT2 : : ---11,097
DOWN WAVE(4-5) WLT3 : ---10,984
ftse_100 15-19 sep weekly report
++++(5,441.34) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(5,400.66) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---5,335
DOWN WAVE(2-3) WLT2 : : ---5,228
DOWN WAVE(4-5) WLT3 : ---5,162
----(5,400.66) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---5,335
DOWN WAVE(2-3) WLT2 : : ---5,228
DOWN WAVE(4-5) WLT3 : ---5,162
copper 15-19 sept weekly report
copper intermedite time frame some down side cant ingnore..on hourly basis 4th down wave is on card.
UPWAVE(4-5) WUT3 : --337
UPWAVE(2-3) WUT2 : --332
UPWAVE(0-1) WUT1: --325
WUT= WEEKLY UPER TARGET
++++(320.74) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(317.96) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---313
DOWN WAVE(2-3) WLT2 : : ---306
DOWN WAVE(4-5) WLT3 : ---302
UPWAVE(4-5) WUT3 : --337
UPWAVE(2-3) WUT2 : --332
UPWAVE(0-1) WUT1: --325
WUT= WEEKLY UPER TARGET
++++(320.74) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(317.96) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---313
DOWN WAVE(2-3) WLT2 : : ---306
DOWN WAVE(4-5) WLT3 : ---302
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