Hi Sir, I am confused with current probable ew counts. I send you my query/understanding during weekend. . Request you to please help me on that at your convenient time
if time permits please reply,after 1,2,3,4,5 upto 6229 A B C completed near 5119 . can i count the current 5119-6142 as wave 1 and 6142-5700 as wave 2 and the current as wave 3. is there any error in counting.
any reply will be very helpful regarding above query.
or wave 1 completed at 6229 ,then wave 2 @ 5119 and wave 3 is in process with sub waves.?
@ gkm223,At 5701, the bullish 2nd wave could have been completed.Possibilities are many. I have combined TA and posted the ones that compel me. I would prefer to post just 2 possibilities; if there are more, I would prefer not to label it but wait for more clarity.Today, in the first post itself, I called a 5 waves though the minor "v" of 5th was still pending but I wanted to have it in the retrace table. Subsequently, I did not want to comment on the corrective wave as it leads to " too many distractions".EW works quite well in larger T/F as the "time taken to form" can not be changed by any manipulation.
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Sir ,I would hereby request you to kindly add my alias - email@example.com to the JustNifty Group.Could I know if there is any thread where I can be introduced to the group?Thanks in advanceRegardsAnkur SharmaPlace - Noida
Sir ,Thanks for adding my aliasFor introduction to others , I would first traverse the available threads and bother you if in case unable to find oneThanks once again !Regards,Ankur
Sir after closing last month below mlema this month nifty is able to close above mlema should we not consider it as a pause.Pls guide somethings about month averages.
Namaste Ilango Sir & Blogmates, (Bullish: A perfect consolidation after the huge up-move of previous day with the index closing flat but saw the Bears for the first time adding huge at 6100CE level, could turn out to be resistance for the series…: Option Analysis for 04-10-2013Dedicated Option Open Interest BlogDuplicated at Wordpress SiteThanks & Regards,Sanjay Kr Jaiswal