Tuesday, October 28, 2014

Nifty Intraday Update-III


11 comments:

Ilango said...

BN just below its 80% - 16683.

gs said...

set for more upside

Hitendra said...

Sir - Whats the significance of the 80% level

brijsolution said...

my s.loss for longs now in nifty 7975..

Prabhanshu Raman said...

GA Sir and Friends.

Sir, fall from 8064-7986 is of 5 or 3 waves? I am seeing it in 3 waves

Ashok said...

raman
it is in 3 waves as i see it

Ilango said...

@ Hitendra,

Today's fall of BN from 16702 to 16608 looked a 5 wave fall which suggest the possibility of a Zigzag and zigzag corrects maximum upto 80%, approx.

Once 80% is done, they resume the fall again.

Ilango said...

@ Prabhanshu Raman,

8064 to 7986 resembles a 3.

Sathyan.R said...

Does the comment to Mr.Hitendra means that BN sub wave "c" of wave 4 can start at any time

Hitendra said...

Thanks for the clarification sir.

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