Sunday, September 19, 2010

>Nifty elliottwave count

Nifty after a steep run from 5350 pausing a bit at present levels
A kind of correction is underway wave wise we could be doing something
the way those arrows show in the attached chart .This count is valid till 5950
is not taken out on closing basis.Vix is rising effect is visible with nifty getting more volatile
and range has increased .Overall nifty may take a breather and midcaps can start buzzing.
Steel sector continues to buzz as commodity metal index continues its rise.



DCStrader said...

could you put a updated wave Nifty has done now 6200 plus.
daily & intra chart.

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