CONSIDERING b/0 point near 6345
trgts are
1.with lows of 5120
6345-5120=1225
6345+1225=7570
was nearly done on election result day(7564)
nifty corrected to 7118 from 7564
correction of 446 points
2.with lows of 4530
6345-4530=1815
6345+1815=8160
done and did a high near 8180
nifty corrected to 7724 from 8180
correction of 456 points
3. with lows of 2253
6345-2253=4092
6345+4092=10437
10437 is trgt of nifty and may probably reach there where both T/L meet.
i.e. at vertex of triangle
probably near sep 2015(my guess based on WW patterns)
as per symmetry of pattern so far corrections may be in vicinity of 450 points
trgts are
1.with lows of 5120
6345-5120=1225
6345+1225=7570
was nearly done on election result day(7564)
nifty corrected to 7118 from 7564
correction of 446 points
2.with lows of 4530
6345-4530=1815
6345+1815=8160
done and did a high near 8180
nifty corrected to 7724 from 8180
correction of 456 points
3. with lows of 2253
6345-2253=4092
6345+4092=10437
10437 is trgt of nifty and may probably reach there where both T/L meet.
i.e. at vertex of triangle
probably near sep 2015(my guess based on WW patterns)
as per symmetry of pattern so far corrections may be in vicinity of 450 points
Posts
probably a violent pre budget rally may start from mid december which will butcher bears and trgts are expected near 9500 near budget day
ReplyDeletetill that time 8200-8670 may be probable broader range
8040 is safe sl for longs
i may be wrong also
this is based on my calculations and fractals in ascending triangle B/o pattern
nov month range is 8200-8580
will update as and when necessary