Take a look at the 5 minute update
price reversed after meeting WW target could head down 5680 or lower..
Buy above 5750.
Showing posts with label 5min. Show all posts
Showing posts with label 5min. Show all posts
Monday, January 24, 2011
Nifty 5 min - 24 Jan 2011
Here is another chart of Nifty - 5 minutes - Wolfe Wave on this one.
We can expect 60-80 pt upmove from 5700 (possibly 5800?) - Go short when nifty hits the red line. Watch for divergences / wolfe waves before going short. For now it's long!
We can expect 60-80 pt upmove from 5700 (possibly 5800?) - Go short when nifty hits the red line. Watch for divergences / wolfe waves before going short. For now it's long!
Friday, January 21, 2011
Nifty 5 min - 21 Jan 2011
Attached chart of Nifty 5 minute chart indicating an upmove upto 5740 - 60 (because of reliance results?)
This is also a bullish flag pattern.
CMP 5691 Expected 5760
I've covered my shorts. Can buy with a SL @ 5680
This is also a bullish flag pattern.
CMP 5691 Expected 5760
I've covered my shorts. Can buy with a SL @ 5680
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