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Nifty Target 5600? |
uncannybal
White Belt
Joined: 09 Oct 2009
Posts: 12
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Post: #1  Posted: Mon May 07, 2012 4:14 pm Post subject: Nifty Target 5600? |
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| 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
White Belt
Joined: 12 Mar 2009
Posts: 105
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| Post: #2 Posted: Mon May 07, 2012 4:42 pm Post subject: tgt |
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| how did u arrive at 5600+ for target- culd u pls explaain the waves starting |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #3 Posted: Mon May 07, 2012 7:56 pm Post subject: |
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| actually a much later ww gives a higher target. see thread on running with wolves |
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bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
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| Post: #4 Posted: Mon May 07, 2012 8:33 pm Post subject: hi |
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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
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #5 Posted: Mon May 07, 2012 9:03 pm Post subject: |
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| bharat your post (5163) is a comment on functionality of ww or is it based on a different logic? |
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