Wednesday, March 12, 2014

Nifty Structure march 12th

Hi friends,
                   Nifty yesterday made a small wedge in lower time frame
as had expected it Nifty wedge.
Now till 6550 is not taken out we can expect a small drop till 6450-6400
Lets look at the chart.
Nifty Structure march 12th
If this move comes
I would con sider this
as 4th wave if the fall
continues i would have
to relook at the count.
Lets see how nifty
moves in next few days.

Overall till 6400 is held a serious dent in nifty is not expected but stockwise
lot is happening be stock specific.



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