so as per my expectation the subwave iii-(i) most possibly terminated at 4547.75 and iii-(ii) has opened down. this can go down upto 4339.35 or 4210.60 after which upward wave iii-(iii) will open up targeting atleast 4884.90(max 5222.05) or 4756.15(max 5093) depending upon the degree of correction of of iii-(ii).
so it is advised to buy attractive stocks on declines in the current downmove.
at present iam ruling out 4000 or even 4100 following the given wave structure, as need arises the stucture will have to be changed for changed scenario as of now it is kept intact by me.
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past short term calls follow-up/performance***(stocks to watch)
date,stock,reco price,high,% gain at high
***all analysis are based on self chart study only, actual trading gains may vary.
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Saturday, September 8, 2007
08th sep 2007 update on my elliot wave count
Posted by abhay r somkuwar at 10:39 AM
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