LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4728.
· The trend is down and the termination level is at 5400.
MEDIUM TERM----- (As per weekly charts) ----
· Last swing high is at 5400 and swing low is at 5011.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4771 and swing low is at 4639.
· The trend is down and the termination level is at 4771.
6 comments:
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I really agree with the facts that you have shared on this post. An interesting topic like this really enhances reader's mind to have more effective decisions over a certain issue.
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the move from 4628 looks like a zigzag, internals of zigzag should have 5-3-5 waves. As of now we have done with a 5 wave and a 3 wave. so expect a 5 wave upmove to start on monday
http://niftybn.blogspot.com/2011/11/25th-nov-2011-4-pm-post-market-update.html
A very informative and interesting description with stats. and figs. given thanks for posting.
The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog,looking forward for more contents...Great job, keep it up..
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Thanks for sharing – There are couple of others which I think deserve a mention like 99 Designs etc.
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