Tuesday, June 25, 2013
Sunday, June 23, 2013
>Nifty elliotwave analysis
Hi friends,
The correction from the top looks like a 5 down but of corrective nature tripple zigzag
wxyxz with z in formation.
would expect nifty to be sideways to uppish for a day or 2 before falling again to make final drop of z. There could be a chance that Z is already finished near fridays low that would be confirmed if nifty trades above 5800.
The correction from the top looks like a 5 down but of corrective nature tripple zigzag
wxyxz with z in formation.
would expect nifty to be sideways to uppish for a day or 2 before falling again to make final drop of z. There could be a chance that Z is already finished near fridays low that would be confirmed if nifty trades above 5800.
Wednesday, June 19, 2013
Tuesday, June 18, 2013
>Nifty premarket 18th june
Hi friends,
Yesterdays expectation was nifty was at rsistance a retest of support before rise.
Nifty fell to 5770 support given was 5760 and then rose to the resistance of the day 5850 same resistance was given.
Now on a lower time frame we can see a clear 5 up ,So a sideways to downside momentum can be seen if 5850 is not crossed today
support comes at 5780-5790 .
Happy trading..
Yesterdays expectation was nifty was at rsistance a retest of support before rise.
Nifty fell to 5770 support given was 5760 and then rose to the resistance of the day 5850 same resistance was given.
Now on a lower time frame we can see a clear 5 up ,So a sideways to downside momentum can be seen if 5850 is not crossed today
support comes at 5780-5790 .
Happy trading..
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