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***all analysis are based on self chart study only, actual trading gains may vary.
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    Sunday, September 23, 2007

    update on my ew analysis...


    we might have the current rally upside upto 4896,
    then a correction upto 4650 [ i.e iii-(iv) ]
    and then the iii-(v) going up.

    my possible upside target for V-3-iii-(v) i.e completion of the iii,

    when,

    the V-3-iii assumes equality with V-3-i wave at 5095.65.
    corresponding V-3-iii on sensex chart assumes equality to V-3-i at 17332.60.

    6 comments:

    Anonymous said...

    I think the levels u mentioned could be accurate as i arrived very close to those numbers.

    Anonymous said...

    bravo man right on tgt

    abhay r somkuwar said...

    thanks. todays move surprises me, all my intraday technical lvls broken on upside, so not on tgt this time. going forward, we might have a consolidation now.

    Unknown said...

    sir,
    really amazed by your levels about elliot wave theory...want to learn elliot wave and fibonacci...can u pls guide me sir?

    abhay r somkuwar said...
    This comment has been removed by the author.
    abhay r somkuwar said...

    thanks saurabh, i too am a learner, u can check this link
    http://www.esnips.com/web/juan43549693-Options

    ew tutorials can be read from internet.

    regards.

    abhay somkuwar.

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