Hi friends,
Yesterdays expectation was a sideways volatile market and indeed market was volatile we saw a swing of 80 points between the high and low of nifty.For a impulse we should see 3rd ending near 5150 and for a abc also c ending near 5150 so both counts suggests negative to sideways move if market goes below 6080 that would be first sign of weakness .USDINR
continues to be strong after a small correction again conquered 56+ .Overall for the day market is expected to be below 5150 .
Happy trading...
Yesterdays expectation was a sideways volatile market and indeed market was volatile we saw a swing of 80 points between the high and low of nifty.For a impulse we should see 3rd ending near 5150 and for a abc also c ending near 5150 so both counts suggests negative to sideways move if market goes below 6080 that would be first sign of weakness .USDINR
Happy trading...
Fish... Is it 6150 or 5150...... Regards... Uday
ReplyDeleteHi,
ReplyDeleteI believe you are looking at 6150 and not 5150.
regards
manish
Is 5150 actually 6150 that you ment to write or you really expect 5150 ?
ReplyDeleteIs 5150 actually 6150 that you ment to write or you really expect 5150 ?
ReplyDeleteoh yes its a typing mistake its not 5150 its 6150 .
ReplyDelete