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:eek::eek:

Amit bhai ko ye shouk kab se lag gaya. :rolleyes:

Mujhe bahut saare shauq:D hai par ye nahin bidu.?Ye galatfahmi aap logon ko kahan se ho gayee.

Translated for those who dont understand Hindi,

I ve lot of indulgences but writing is certainly not one of them.How did u ppl get this misunderstanding.?
 
R

ratan jain

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Amit:

Must have been signed on by a certain Italian friend to write, I suppose :)

What say Amit?

Heheheheheheehe
 
Ok friends,

Now nifty is coming into heavy resistance zone of 4360-4409-4460.Big zone this is.

Coming to wave counts on hourly u can see clearly nifty futures and spot making an overlapping sequence from 4000.It cud be an extension 1-2(Uasish's count) or series of ABC's which is near completion.We also see a rising wedge formation from 22nd August low.

For the 1-2 count to hold market shud not break 4250 now and in extreme short term 4320.

EW enthusiasts can see attached hrly chart.
 

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Ok friends,

Now nifty is coming into heavy resistance zone of 4360-4409-4460.Big zone this is.

Coming to wave counts on hourly u can see clearly nifty futures and spot making an overlapping sequence from 4000.It cud be an extension 1-2(Uasish's count) or series of ABC's which is near completion.We also see a rising wedge formation from 22nd August low.

For the 1-2 count to hold market shud not break 4250 now and in extreme short term 4320.

EW enthusiasts can see attached hrly chart.
In the attached chart, The inside rising wedge (marked by 1-2-3-4 pivots)was already broken. PLease match the pivots numbered 1-3 and extend the line. A current bar can not be used to draw a pattern boundry.

Best Regards,
--Ashish
 
So expiry is done and dusted.There was relatively smooth moves today except for last minute adjustments and pangs.

As you can see from the hourly that 5 waves are almost completed and the initial move had retracted from the upper channel.

I feel volatiltiy may return to the markets again.

P.S. looked at asish's post and attached the chart again.I think he and other readers can draw their conclusions.
 

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