Master,What level will confirm that the 5 up is over, is there are possibility that this is still 4 down with 4a, 4b done and 4c in progress, and 5 up is still pending ? Still in learning phase so need some handholding..Regards,Saurabh
@Master,What is the min 'c' can do in ZZ? Is it 0.618 * a?In that case, 0.618 * a comes close to 6100.
Saurabh,Getting confirmation and acting then on in these studies don't do justice to EW following:Sub-waves from 5701 presented themselves in a reasonably readable way. Prior to the completion of 5th, prices broke the rising channel and retraced back into it.Now prices have retraced the last rise fully.We have two scenarios: 1. Correction for the entire rise from 5701 to 6252 and then another big upmove.(Pref)2. An @ABC@ corrective rise completed from 5119 to 6252 and prices are reversing back to downtrend.(Alt.)
@ RealistHow one JNSAR hit today ??
Sonu,There was a consolidation between 6050-6100 during the rise from 5701 to 6252. Look for new signals from Day/Hour to support the possibility of a support forming. If no signal emerges, it could go lower.It is difficult to judge how a correction would unfold.Presently, it is considered as a correction with in an uptrend.
6121 6126 ... is 50%-61.8% retrace of the last fall from …… 6143 to 6099 80% is - 6134 If weakness is to return, it should be around 6121 6126 Strength gets confirmed above 6126 OR 6134
sir what is developing BN jnsar
Dear Sir, S Macd got triggered and turned down. Can you please confirm the same
--> backMaster,has NS finished a ZZ down from recent 3days prev tops (if holding MnHiEMA) ??
Hi..shriram,a- done at 6126, b-at " 6175; hence, keep the retrace for last fall from 6175 and look for supports, if any around 6050.(+/-)
Unknown,If closes at 6113, day s.macd would trigger; it has already turned down on Friday.
Thank u master :-)
Thanks for the confirmation SirSiva
Dear sir,If this is c of A wave than why the lables should be in green as there will be a B wave upwards and C wave downwards, so the count should be in red, this is my doubt please clarify
Dear Sir,What are values for S MACD, that are represented in your chart.Arvind