Tuesday, May 06, 2014

Nifty wave structure

Hi friends,
                   Nifty continues to slide down slowly ,Few stocks continued there correction
and few maintained their rise result nifty showed very little move and almost remained
Nifty wave structuresideways,I expect the
yellow line move in coming days
either nifty can remain sideways
or should move in yellow line
structure.Overall the time consuming sideways structure suggests everyone is confused
about election or are scared to
take positions today even volumes were low ,We are in for exciting move in some time.

Be attentive and track IT stocks closely.

Regards
Rish

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