Monday, May 10, 2010

nifty_EW follow up It seems like c5 started and will end up soon but must be in a corrective pattern. We may see 5400 before expiry. Earlier 4952 (c of C4 = 1.618 of “a” of C4 comes 5342 – 240x1.618= 4952 ) & now both way crossing the channel is the negation points for this count. ie: it should not go, below 4984 and above the top trend line for completing c5.. say B. Let me recite some part of my lessons yah.. there is no absolute in EW but only alternates.. several radically different counts are possible from a same price action…

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Gann Date combination for Nifty from 7511 bottom on 24.march 2020

 Gann Dates falling  from the bottom 7511 on 24/3/2020