Monday 28 April 2014

NeoWave Analysis of Nifty cash  Weekly wave chart    Date : 28th April, 2014




Conclusion: 
1. In Diametric pattern, generally wave (g) equals wave (a) in price. Kindly note, this is just a 
guideline and not rule and hence may not be followed. As per this guideline, the maximum upside 
that may take place is till 7180. 
2. If Diametric or Double Combination pattern is taking place inside wave (g) then the Nifty cash 
should not fall below 6770 and should move upwards towards 7000 levels during next 1-2 weeks. 
The Diametric pattern (that started from 5118.85) may get completed between 5th and 16th May 
2014. 
3. In case, if Nifty cash falls below 6665 during next week then wave (g) is complete and expected 
upper side will get negated. 
4. The important levels to watch during next week are 6665 and 7000. 
Chart notes: 
1. The 1st rectangle measures price vertically. 
2. The 2nd rectangle measures time horizontally. 
3. The 3rd rectangle is equal to 1st vertically and to 2nd horizontally. 

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2 comments:

  1. very nice geometrically information has been posted by you I never found such nice information.....
    Stock future tips

    ReplyDelete
  2. thanks alot sir

    if any other help needed or suggestion then contact on abhishek_kalra95@yahoo.com

    ReplyDelete