
L 5570, 20-Dec-2012 H- 11803, 5-oct-2012
Note
Bank NF made high @ 11803 on 5th october 2012 & Nifty Future made high @5855.60 were exactly 290 days Price and time meet Together , so Trend was Changed
I had written on 4th October and very next day Nifty spot made exactly high 5815
https://ravichauhanreport.wordpress.com/2012/10/04/nifty-future-14/
Same happen with Bank Nifty ( 290 days Price and time meet together) on 5th October 2012.
![]()
Support @ 11243
Above 11243 no problem for bull it can touch 11671-11928-12108.
30th October 2012 is 315 days so price must be
315*13.6855=4311+7750=12061 ( 12108 )
Note:
It is valid only after breaking 5 october 2012 high
Same with Nifty Future
315*4.4170= 1391+4538= 5929
Leave a comment