Wednesday, August 28, 2013

Nifty Alternate Bullish Count

NIFTY LEADING DIAGONAL
This a possible alternate count which starts from lows of 4538   wave 1 being a Leading diagonal now W2 running c = 1.62 * a = 5011.

Although corrections in wave 2 after Leading diagonals are deep and  can retrace upto 80%  4875 approx. 5172 is 61.8% retrace it may also hold by the close of the day one needs to keep an eye on it.


Happy Trading !
SHEKHAR




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6 comments:

  1. Piyush ShardaSeptember 24, 2013 at 6:32 PM

    hi ranimaker,
    u were discussing about 112 ems as sar in traderji forum at just nifty. can u pls post the link here. i am interested in reading it .

    ReplyDelete
  2. Piyush ShardaSeptember 24, 2013 at 6:32 PM

    ema

    ReplyDelete
  3. RainMakerSeptember 30, 2013 at 10:19 AM

    PS
    Allow me some time, it was a long time back I need to search, Will post the link and ping you on JustNifty

    ReplyDelete
  4. Piyush ShardaSeptember 30, 2013 at 10:21 AM

    ok no probs.

    ReplyDelete
  5. RainMakerOctober 6, 2013 at 12:43 PM

    PS

    Probably this must be at the back of my mind. Where SH has used EMA 15 to identify the SAR.

    Hope it helps.


    EMA 15 trend following

    ReplyDelete
  6. Piyush ShardaOctober 7, 2013 at 9:30 AM

    thanx rainmaker ,will go thru it

    ReplyDelete

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