Which works better??
Decide for yourself
If someone could have projected the prev wave high of nifty better than 3780 then maybe we have something
S&P CNX Nifty, Analysis Date:5/5/2006
Close/cmp:3663.95
Swing : Up=Buy ( 21.000% sensitivity)
T1:2242.38 T2:2829.71
T3:3779.89
SwingHigh:2,014.7 CMP:3,663.9
But if not then brute force projection will remain king :)
I remember quite clearly that a lot of patil and ewt followers told me in 2005 that that brute force wouldn't work because the wave started somewhere else and did not terminate at the lows but a little bit higher at some other random 'subjective point'
The 'objective' termination pt is the lowest pt which is able to contain the followup waves in a channel.
No comments:
Post a Comment