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.
Monday, September 20, 2010
EOD
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.
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.
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1 comment:
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..
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