Wednesday, May 22, 2013

>Nifty premarket 22nd may

Hi friends,
                   Yesterday nifty went below 6150 and made a low of 6106 ,My expectation was below 6150 a test of 6100.
Now wave wise we have almost done 5 down now if nifty holds 6100-6080 we can retest 6150-60 or else remain sideways in 6100-6080 range for the day.On usdinr frond the long call is doing good we have done 55.40 from 53.50 near 56++ we need to re look at the structure
happy trading..

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