Sunday, February 09, 2014

Nifty Technicals 10th february

Hi friends,
                   Nifty after making short term bottom managed to crawl up slowly.
Look at the last post nifty technicals.
At present nifty is in complex upmove its better to give it some
more time before labeling the wave counts.
http://rishtrader.blogspot.in/2014/02/nifty-corrective-up.html
As of now looking for
nifty to loose strength
at 6100-6130 and start
to drift down ,Most
heavy weights show
that we could be finishing
A wave up,We should
know about it by monday.
Overall the pattern still
remains corrective


but with positive bias for  now,Stock specific action should continue to happen,Would
post the counts in detail as the waves un fold .

Regards
Rish

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