Sunday, June 23, 2013

>Nifty elliotwave analysis

Hi friends,
                  The correction from the top looks like a 5 down but of corrective nature tripple zigzag
wxyxz with z in formation.
would expect nifty to be sideways to uppish for a day or 2 before falling again to make final drop of z. There could be a chance that Z is already finished near fridays low that would be confirmed if nifty trades above 5800.

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