
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
Dear Harshal ji
ReplyDeleteVery nice chart sir. I love charts because it saves thousands of words.
Good luck.
Jeevan.
Dear RCG ji
ReplyDeleteI 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.