Wednesday, May 28, 2014

Nifty wave counts 28th may

Hi friends,
                Nifty continue to move above 7200 keeping both counts alive :).
with expiry approaching fast a decisive move is on for sure .
Lets see the chart structure.
Nifty wave counts 28th may
A squeeze kinf od structure is forming
near 7300 levels ,Lets see if nifty continues to be in the same range or
tries to break that range.Once the range breaks i would post the further
structure because as of now 2 counts 
are active once it confirms 1 count i would go further with the same count
and post its further move so keep eye on 7200 as long as that holds Nifty looks fine ,

Below 7200 we get new lower levels.
Regards
Rish 

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