Wednesday, September 18, 2019

Nifty as of 18th Sept 2019

Bigger wave count - 

1.    12103-11625=478
2.    11625-11982=375
3.    11982-10637=1345
4.    10637-11084=447
5.    11084-->10738(23.6%)/10524(38.2%)/10178(61.8%)


Hopefully 4ht in the form of ABC finished as -
4.A    10637-11142=505
4.B    11142-10747
4.C    10747-11084   -  4.C was in 5 subwaves as below-

4.C.1   10747-10920=173
4.C.2   10920-10816=104
4.C.3   10816-11082(appx 161.8%)
4.C.4   11082-10946
4.C.5   10946-11084

Now 5th wave started from 11084.
5.1.i    11084-10989=95
5.1.ii   10989-11016=27
5.1.iii   11016-10797=219
5.1.iv  10797-10875
5.1.v   10875->10765(38.2%)/10698(61.8%)





Tomorrow buy above 10870, short below 10820


BNF - buy above 27260, sell below 27100.


No comments:

Post a Comment

Bank Nifty as of 31st Mar 2020

Bank Nifty Spot - 'c' of 4th still in progress? Long above 19300, short below 18870. Sell 20000CE below 19300 and sell 18000P...