5345 on fut remains the main hurdle, with support lies around 5285-5275, probable buying zone. Post breakout level after 5345 zone will be 5390/95-5450.
Muratt .. my tgt is 7600-8400 (wave count started from 1998.. so amplitude of swing and time needed to be taken into account. I feel bigger fall on daily shud be bought very aggressively for that 7600-8400. will produce the chart ........ later !!
sir i your second chart .is it fibonnaci retracement
ReplyDeleteHi reena,
ReplyDeletethe blue one is the ABC projection of the corrective downward rally, and pink one is the fibo retracement of the that entire (ABC) downmove.
5395 done .... waiting for 5450 and then 5500+ ....
ReplyDeleteU think we would surpass All Time High this time round ?
And a request for stock analysis .. Infy, if you can :).
Muratt .. my tgt is 7600-8400 (wave count started from 1998.. so amplitude of swing and time needed to be taken into account. I feel bigger fall on daily shud be bought very aggressively for that 7600-8400.
ReplyDeletewill produce the chart ........ later !!