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| Discuss Still some poison to come out!!!! at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello friends, The nifty is facing DOWN E-wave of larger degree. waves 1, 2 , ... |
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#1
17th March 2007, 03:23 PM
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Still some poison to come out!!!!
Hello friends,
The nifty is facing DOWN E-wave of larger degree. waves 1, 2 , 3 , 4 are completed. Wave 5 is in process and hence still more fall is expected within the coming week. After this DOWN wave 5 is complete, will be excellent chance for short term traders to go long on nifty for massive profits. Cause After this wave 5 completion,,, market can bounce 50% of the down wave 5. Regards Winston 
Last edited by winstonn; 15th January 2008 at 08:27 PM. 
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#3
17th March 2007, 06:26 PM
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Re: Still some poison to come out!!!!
winstonn,
You may be right even A.Get is showing the same thing,however was thinking this is 4th & 5 will go up,(enclosed Chart link for Nifty Fut).Now yesterday when the Support line of Pennant/Symmetrical triangle formation broken down (see attached chart),i am skeptical now.Will wait to see whether Monday movement or if 3515 broken conclusively. Asish http://www.************/file/11931269...Nifty_Fut.html Last edited by uasish; 4th June 2008 at 09:13 AM.
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#4
17th March 2007, 08:00 PM
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Re: Still some poison to come out!!!!
Dear Uashis,
as you have drawn symmt. triangle,,,,it is correct. And triangles are more often part of corrective 4th ( up or down) and then wave 5 should unfold like a cobra spitting poison for Bulls. However, after wave 5.....the ocean will be calm and no one would want to sail the boats.............But this will be oppor for those who grab it!!!!!!! thanxs winston
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#5
18th March 2007, 01:22 PM
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Re: Still some poison to come out!!!!
You must be knowing the downward Tgt ,if symmt. triangle,then let us wait & see whether 3515 breaks conclusively ( Nifty Fut shorts initiatated on Fri, i would definetly cover near that region once).
Let us wait & see. Asish
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#6
18th March 2007, 04:58 PM
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Re: Still some poison to come out!!!!
Quote:
 thanks
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