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| Discuss Useful Tools at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I think 4200 to be a good support ,will have to see EOD.Your count is ... |
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#141
1st August 2007, 05:26 PM
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Re: Useful Tools
I think 4200 to be a good support ,will have to see EOD.Your count is 5 wave from Top,at least will have a guide line to work on.
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#145
2nd August 2007, 12:54 AM
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Re: Useful Tools
Yes quite agree with you Kalyan.Unfortunately in gap downs these do not matter.
Strong support however is at 14k on sensex and 4100 on Nifty.I am a buyer at those levels. If it breaks,then God help us. |
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#146
2nd August 2007, 01:14 AM
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Re: Useful Tools
I haven't looked at lower lvl projections yet (have a rough one arnd 13800).
In fact i was trying some alternate projections and based on this 14650 - 14700 looks an increasingly good spprt (at least for some intraday long plays). Thanks for the confirmation. Am keeping a close eye on your thread. Regards, Kalyan. |
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#147
2nd August 2007, 11:57 PM
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Re: Useful Tools
Quote:
 
Last edited by amitt29; 2nd August 2007 at 11:59 PM. Reason: minor editing. |
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#148
5th August 2007, 11:25 PM
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Re: Useful Tools
A word of caution for long term investors,the bull market will be over below 4000.And if thats the case 4000 shud be achieved max within this week.A close below 4000 wud confirm.I am allowing myself for whipsaws.
Medium term support's at 4223-4175.Below that at 4104. Lets see how it pans out. Be extra cautious,its not looking good at the moment.A 3rd wave extension is what i see. On alternate count front it can be a dbl zigzag,either case 4100 is on the anvil. Last edited by amitt29; 5th August 2007 at 11:33 PM. |
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#150
6th August 2007, 02:31 PM
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Re: Useful Tools
14700 held. The next lvl i'm getting is 14410-14513 and below that 14050-14095. Let's see.
Regards, Kalyan. Last edited by kkseal; 6th August 2007 at 07:52 PM. Reason: 14410-14513 instead of 14410 & 14513 |
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