Yesterday, in my post Nifty : Perception as on 07 February 2013 , I perceived that Nifty could be headed for 5880, which was almost achieved today.
The APFs shown in the chart below, also suggest that 5880 may be a good support.
It appears that the black and green APFs alongwith blue will provide support, which will push Nifty atleast upto purple APF. Needless to say that red, blue and black APFs will cause resistance during the rise. I am expecting another ZZ to the up and target is very very high. Here it is....
T1 = Upper purple
T2 = Upper Blue (most preferred)
T3 = Upper Black
All these, as long as lower black is held by bulls. Else, lower ones will be visible.
The EW counts for the fall remain as posted yesterday.
The APFs shown in the chart below, also suggest that 5880 may be a good support.
It appears that the black and green APFs alongwith blue will provide support, which will push Nifty atleast upto purple APF. Needless to say that red, blue and black APFs will cause resistance during the rise. I am expecting another ZZ to the up and target is very very high. Here it is....
T1 = Upper purple
T2 = Upper Blue (most preferred)
T3 = Upper Black
All these, as long as lower black is held by bulls. Else, lower ones will be visible.
The EW counts for the fall remain as posted yesterday.
High quality Tail has also been formed, after forming tail nothing remains to be formed by Nifty God.
ReplyDeleteSo Nifty god finished all with this creature, now other creature is to be formed. >>> 6050/70