This is my trading file to organise and jot down my take on the market .I do Technical Analysis. This blog is to keep track of my baby steps so that I can look back at my journey .Looking back tells me how far I have come from days when I knew nothing and can go further .It gives me motivation to keep going on even when I am tired. One has to back up trading with their own studies. The charts I post here are 99% inspired from Ilango sir.



Friday, 2 March 2012

Nifty Counts

Bullish Counts

A  5630-5268
B Going on
    a   5268-5459
    b   5459-5297
    c Going on
        i   5297-5392
       ii   4392-5324
       iii  Going on
( Invalidation prices Going below 5324 and further confirm it by going below 5297)


Bearish Counts

A 5630-5268
B  5268-5459
C Going on in 5 waves down
   i    5459-5297
   ii   5297-5392
  iii Going on down in 5 wave s...

Confirmation if prices go below 5297. Invalidation ===> if go above 5459.
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