Hi,
Although the nifty fell by 56.30 points to 5785.70 there is no change on P&F charts. As the reversal is of 3 boxes and with boxsize of 1% of Maximum value of Nifty during 1/11/10 to 11/4/11, everything below 189 points will be treated as noise and there will be no new column of "O"s.
Therefore the analysis done on 10/4/2011 is still applicable. But for your benefit I will upload analysis of Nifty with reversal of 2 boxes tonight.:thumb:
hi dhanab,
NIFTY'S DAY LOW ON 11 TH APRIL IS 5777.9...BUT SOME HOW MAY BE DUE TO ERRONEOUS DATA YOU MENTIONED IT AS 5733. YOU ARE DOING A GOOD JOB ...PLEASE KEEP IT UP.
hi dhanab,
NIFTY'S DAY LOW ON 11 TH APRIL IS 5777.9...BUT SOME HOW MAY BE DUE TO ERRONEOUS DATA YOU MENTIONED IT AS 5733. YOU ARE DOING A GOOD JOB ...PLEASE KEEP IT UP.