Cycles are prone for displacement. So November 03 can be 5 also.If Nifty comes near a downcycle, it is better to be alert, in case of any breakdown.
Friday, October 31, 2014
Nifty Neowave Update 30 October 2014
Here are the updated wave counts for Nifty:
Hourly Cycles have been updated here.
Observe how Nifty is behaving to the second cycle pointed out in small blue arrows. The mustard colour square represents the middle area of the cycle. This time band reduces volatility and prices may sometimes decline also.
Cycles are prone for displacement. So November 03 can be 5 also.If Nifty comes near a downcycle, it is better to be alert, in case of any breakdown.
Cycles are prone for displacement. So November 03 can be 5 also.If Nifty comes near a downcycle, it is better to be alert, in case of any breakdown.
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2 comments:
a ) 7724 to 8064 = 340
b ) 8064 to 7986 = 78
c ) 8331 to 7986 = 345
in a perfect channel and we are at channel upper trend line
whats yr email id?
tekkiesuresh@gmail.com
Perfect channeling is the nature of corrective waves.
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