Monday, April 07, 2014

Nifty Consolidates

Hi friends,
                  Nifty starts to consolidate at highs and takes a breather
still holding 6600.
Lets look at the structure
Nifty Consolidates
This would show more strength
above 6725,We could have finished
A wave correction,Above 6725
chances of this correction over would be come bright ,Overall
bigger picture remains fine
break of 6600 would be first
sign of weakness.
Midcaps continue to perform
though the number has reduced.


Lets see how nifty behaves in coming sessions.

Regards
Rish 

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