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Miss it now and you will repent later

 
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Author Miss it now and you will repent later
RAKA
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Joined: 10 Jun 2007
Posts: 37

Post: #1   PostPosted: Sat Mar 14, 2009 1:57 pm    Post subject: Miss it now and you will repent later Reply with quote

Hi folks,
I had to adjust wave count in my earlier charts. And what I found is rare similarities among the corrective legs. Pl refer chart attached herewith.
wave [d] and wave [e] are almost equal.
wave [c] and wave [f] are equal 607 points each.
So going by this corollary can wave [g] be equal to wave [b] ?
If this is so then tgt of nifty spot is 3120 as per my analysis.
And [g] can be 61.8% of [b] too. So find out the tgt.
And this tgt will be fullfilled in next 9-10 trading sessions.

Disclaimer: This views are for education and analysis purpose only.



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RAKA
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Joined: 10 Jun 2007
Posts: 37

Post: #2   PostPosted: Sat Mar 14, 2009 2:06 pm    Post subject: Reply with quote

trying.


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vinst
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Joined: 09 Jan 2007
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Post: #3   PostPosted: Sat Mar 14, 2009 4:16 pm    Post subject: Reply with quote

raka,

your projection needs to be followed up !!

vin
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RAKA
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Joined: 10 Jun 2007
Posts: 37

Post: #4   PostPosted: Sun Mar 15, 2009 10:33 am    Post subject: Reply with quote

Dear vinst,
Yes. I will keep posting the probable movement of nifty on daily basis throughout the next week. As of now nifty is most likely to make high around 2780 on monday. After that it will fall back. 20th March is the major turning date so nifty will most likey make higher low on that day and then start its journey upwards. The most conservative tgt being 3000.
Happy trading.
RAKA
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