>Nifty analysis

Hi Friends,
                   Today nifty took 5650 resistance and closed above that ,Which suggests W is done
and we are in for a X wave a retest of 5650 would give strength to the move ,The next big resistance
comes near 5800+ levels .The next few days would shape up how the structure of X wave evolves

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>Nifty 15th april

Hi friends,
                   Nifty continues to squeeze

The structure suggests a labored rise towards 5650-5700 and if it fails to sustain above  5650
after that  a swift fall towards 5480-5450 would be expected to form the pattern .Next few days move would clear picture ,Range squeeze continues :).

>INFOSYS WAVE ANALYSIS

Hi friends,
                  Infosys has become darling of speculators ,Result day is a big satta day you would see
a big move either side.Wave wise Infosys finished c of big B and started big C down as shown in following chart ,It has a potential to touch 1800 atleast .

>Nifty bearish scenario

Hi friends,
                   The nifty has been in a down move for quite some time now .Its been a slow drag
with in between fast bouts of dump.
Wave wise looking at structure on a weekly chart it suggests we could be in for a serious damage

in coming months after a relief rally ,I would suggest to book profits in coming rises and come out from struck positions after some relief.
We could be in making of big ABC structure which if materializes can seriously damage ones portfolio ,Would rather say has already damaged ,Ask someone having midcap portfolio.
Coming back to charts nifty is forming a squeeze which should give a relief rally in some time
Nifty support lies in 5470-5400 range