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Nifty Target 5600?

 
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Author Nifty Target 5600?
uncannybal
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Joined: 09 Oct 2009
Posts: 12

Post: #1   PostPosted: Mon May 07, 2012 4:14 pm    Post subject: Nifty Target 5600? Reply with quote

If one year EOD chart is taken ww shows a target of 5600 for Nifty. Let us wait till tomorrow to see if this bounce continues or reverses
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MILANCHN
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Joined: 12 Mar 2009
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Post: #2   PostPosted: Mon May 07, 2012 4:42 pm    Post subject: tgt Reply with quote

how did u arrive at 5600+ for target- culd u pls explaain the waves starting
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vinay28
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Joined: 24 Dec 2010
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Post: #3   PostPosted: Mon May 07, 2012 7:56 pm    Post subject: Reply with quote

actually a much later ww gives a higher target. see thread on running with wolves
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bharatpatel
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Joined: 26 Oct 2011
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Post: #4   PostPosted: Mon May 07, 2012 8:33 pm    Post subject: hi Reply with quote

Dear Friends,

To take place this W W set up, nifty spot must be close above 5163 and next day low must be above 5163, otherwise this recovery will be vanished and much lower levels (like 4800 or even below 4500) will be witnessed. Be careful.

regards,

Bharat Patel.

Ahmedabad.
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vinay28
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Post: #5   PostPosted: Mon May 07, 2012 9:03 pm    Post subject: Reply with quote

bharat your post (5163) is a comment on functionality of ww or is it based on a different logic?
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