Monday, September 20, 2010


The 2d volume profile shows support  at 5885 level. The Option Analysis and the 5d volume profile chart now indicate 5800 level as a strong support to this upmove for a pullback correction.

The EW count since 5350 has been revised as per the Alternate count (of chart 4 mentioned yesterday).The Third wave is on and in its vth subwave ,i.e. in the last leg ,after which a pullback can be expected to unfold in the Fourth wave. 

1 comment:

manu said...

rv bhai..
u c pull back at wht lvls..

this time i took a diffrent hedged strategy..nifty long beta short..
worked well but nights went sleepless..