High Price made in January are often higher till July-August or entire year.
same low price made in January are often lower till July – August or entire year. WD Gann
As per NEoWave observations,if wave ’5′ is terminal in an impulse pattern then probably the entire impulse pattern is retraced thereafter.A Terminal pattern is a Bearish pattern indicating downside breakdown in a violent manner. This leads us to a conclusion that, if Nifty breaks 5823 before 14th Feb. 2013 then NIFTY should even break the level of 5215 in the next few months.
Rising Wedge pattern , which is highly bearish.
Read Very Carefully
3 Cls Or Wkly Cls Above 6115 then 5930 will hold till July (min) if 3 Cls Or Wkly Cls below 5930 then 6115 will not be crossed till July (min)
Nifty If Sustains below 5919 With Volumes Or For 1 Hour Below 5919, 6115 Will Become Top Till July Min,So Below 5919 DON’T BE LONG.
Nifty Intraday Supports @ 5882-5887,If Stable Below 5880 Before 11.30 Tomorrow 5818 Would Be Intraday TGT.