25 May 2014

ARVIND

21st Dec

Updated Wave count.
Wave 5 (Primary) seems to have started but it has not done full correction till 236. Also I would not be surprised if goes down near wave IV of lower degree near 205. More confirmation required for concluding it has indeed initiated fresh wave up on larger degree. May be a final dash down still pending before a larger wave up.



Weekly Chart



2nd June

Moving as expected.
Sharp retracement from exact Target level.
Now let us see the BUY zone between 172-174.



Short Term view.
Wave 3 of 5 should complete at 205.
Then Wave 4 correction. And then final dash to 213/222.


Daily


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