short @ 32150 banknifty spot..either buy futures wihtt 100 point stop or buy put tomorrow morning before policy...max premium should not go over 2000 rupeees
TWO SUPPORTS OF WAVE 2 ARE GIVEN,,AFTER WHICH IT WILL ZOOOM...UP..
THE 3 LEVELS OF WAVE 2 ARE GIVEN....AFTER WHICH A FAST THIRD UP WILL FORM,,GOING PAST THE PREVIOUS HIGHS..
WE SHORT @11700 WITH 11731 AS STOP...AND RIDE IT TO FIBO 1 AND FIBO 2
30800 SHORT ...STOP IS 30901...TGTS OF FIBO 1 AND FIBO 2
CHECK OUT NIFTY BREAKOUT TO A SCREEN NEAR U
BANKNIFTY BROKEN OUT OF TRENDLINE..BUY WITH APPROPIATEE STOP =27825 SPOT
WAVE COUNTS OF DOW IS GIVEN:WHERE THE 3RD WAVE WILL BE MINIMUM EQUAL TO THE 1ST WAVE..PLEASE NOTE THAT IF THE LOW BREAKS ,THE FALL WILL BE FAST
HEAD AND SHOULDERS BREAKDOWN...ON 5 MIN CHARTS @11055 SPOT....TGT DOWN SIDE IS 11960 STOP IS 11093 SPOT...NIFTY
THIS IS A ZOOM IN INTO A 30 MIN CHART.. SHORTING ONLY: SHORT WHEN NIFTY TOUCHES 11180..STOP OF 60 POINTS....AND EXPECT IT TO GO TO 10950....
Well,,We have rallied really hard...so SHORT:- 11200=BECAUSE IT IS THE PREVIOUS HIGH AND A RESISTANT ALS0 11200 IS THE 200 DMA... LONG: ONLY @10800 IF NIFTY RETRACES....