Nifty 5.2 wave supposed to end at 11000 area, but extended and went down upto 10637. This indicates bears have been
given a chance to exit their positions and in the process weak hands of longs also got SL triggered or exited.
The 5.3.1 wave started from 10637 and the 1st sub wave ended somewhere near 11694 area and 2nd wave near 11109- area.
The 5.3.3 wave is in progress and may end near 12,600 - 12821 area and start the 5.3.4 nearly 700-800 points and the
5.3.5 can take Nifty to 13700 area. These figures/targets already given in earlier messages.
After 5.3 the difficult wave 5.4 can start making every trader crazy. Thereafter the 5.5 wave can take Nifty to
15500 + areas. Breakup of these will be given as and when the situation develops.
After the completion of primary 5th wave there can be a big correction of around 5000 points.
Just wait for the monthly Histo to open above 0 and we can see very big moves soon.....
given a chance to exit their positions and in the process weak hands of longs also got SL triggered or exited.
The 5.3.1 wave started from 10637 and the 1st sub wave ended somewhere near 11694 area and 2nd wave near 11109- area.
The 5.3.3 wave is in progress and may end near 12,600 - 12821 area and start the 5.3.4 nearly 700-800 points and the
5.3.5 can take Nifty to 13700 area. These figures/targets already given in earlier messages.
After 5.3 the difficult wave 5.4 can start making every trader crazy. Thereafter the 5.5 wave can take Nifty to
15500 + areas. Breakup of these will be given as and when the situation develops.
After the completion of primary 5th wave there can be a big correction of around 5000 points.
Just wait for the monthly Histo to open above 0 and we can see very big moves soon.....