Monday, September 19, 2011

20 SEP 2011

This chart is 5 minute chart and shows the channels in which the present wave is moving from 5142 levels..the next target on the down seems to be between 4980-4995...
  • now lets see how this is playing on daily charts...gann support and trend support do exist at 4985-90 zone ..if we break this then we r in for 4911 with a tea break at 4967...and also bears will be in charge and bulls will be left with cribs for west..ha ha ha
  • 5033 is 10 day ema and 5046 is 20 day ema..if we close above these levels or 5050 rounded then a good upmove can be expected...
  • if we get a good bounce from this trendline then we can go back to 5150 zone or else 4911

the above chart is a kind gesture by respected and beloved RCG ji.. please fit in targets of the waves as per the trendlines and channels...good luck

2 comments:

  1. Dear Harshal ji

    Very nice chart sir. I love charts because it saves thousands of words.

    Good luck.

    Jeevan.

    ReplyDelete
  2. Dear RCG ji

    I am very happy with your contribution..very nice effort of "DNYAN BAATATE CHALO KARAWAA APANE AAP BADHATAA JAYEGA"

    Love you brother.

    Good luck. God bless you.

    Jeevan.

    ReplyDelete