Wednesday, January 27, 2010

ALL IS WELL ?

i have attached 2 charts. one is alternative wave count by vivek patil which was shown with his weekly report on 25.1.10 and 2nd chart is with today's market.

if ALL IS WELL  in this market than we shd start upmove very soon.today rsi level is same as we were at 15331 and we have closed at 16290. that shows that still there is a hope for an up move.i have tried another wave count for that and this is purely an effort to predict market move in advance which can fail totally also.take yr decision with proper care.

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TODAY WE HAVE TESTED SUPPORT ZONE AS PER " ALL IS WELL " AND BOUNCED FROM THERE.
F N O EXPIORY IS OVER.
RBI POLICY IS OVER.
NEXT TRIGGERE?
BUDGET AND DISINVESTMENT IPOS. GOVT WILL NEED +VE ENVIORNMENT.

KEEP STRICT STOP LOSS OF TODAY'S LOW AT 15982.
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ALL IS WELL STOP LOSS 15982 BROKEN.
WAIT FOR HIGHER LOW AND HIGHER HIGH FORMATION FOR ANY LONG POSITION.

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