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Thursday, March 20, 2014

WOLFE WAVE IN NIFTY

a small bullish WW developing in ns charts

ns may have formed pt4 near 6523 today

pt5 may form near 6470 tomorrow (symmetry indicating near 12.30pm 


tomorrow)and then may move up towards trgt price of 6535-55 next

 week and 

may extend towards 6590-6610(pt5 of larger bearish WW pattern as 

below)probably on monday next week

a larger bearish WW is also developing of which pt4 may form near 6470


 tomorrow and then may form pt abv 6590 next week.......trgt price 

towards 

6415-6400 (may be during start of next series)

will post charts tonite

buy 6500pe near 6515ns today.trgt 6475-65 range tomorrow

buy 6500ce near 6470 ns levels tomorrow.trgt 6590-6610 till tuesday 

next week

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