Monday, September 8, 2014

Nifty,holding on to key averages, regains its lost momentum...

A 5-wave upmove may have started from 7422 or 7540.
Accordingly tentative targets are (as per 1=5 with 1 as 5933-6777=844):
7422+844=8266  OR
7540+844=8384.
Remember that the tentative labels in shorter t/f are highly fluid and hence, we should adjust the labels as the new price pattern emerges.

3 comments:

shriram said...

Good evening master

None of thr internal submotives wud be xtended if NS crosses》8211

How to explain that .? Rgds

anmpatel said...

@master
Why u took 6777?
1st should be 5933 to 6870=937 na?
A/c to this tgt should be(7422+937=8359) or (7540+937=8477).
Is it right?
Thanks.

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