Friday, March 14, 2014

Nifty structure 14th march

Hi friends,
                    Yesterday Nifty did exactly the way it was expected to do.
We rose intraday and had a late fall in closing
We did perfect abc and fell down lets see the structure now
Nifty structure 14th march
The chart shows the probable targets for C wave ,My expectation is we should
target 6430-6400 levels and hold that if we stretch then we have to see
Regards
Rish

Thursday, March 13, 2014

Nifty structure 13th march

Hi friends,
                    Nifty continued with its sideways move ,
It can still be sideways today too .
Lets look at the chart.
Above the yellow line the upmove would continue else the blue line move can happen
ie the sideways move can continue.
Regards
Rish

Wednesday, March 12, 2014

Nifty Intra day 12th march

Nifty continues to fall slowly as it was expected in nifty post.
A slanting parallel channel is forming.
This consolidation would take some time ,Let it consolidate and trade the break of
channel.Overall the nifty is resting after sudden few days spurt.

Regards
Rish

Nifty Structure march 12th

Hi friends,
                   Nifty yesterday made a small wedge in lower time frame
as had expected it Nifty wedge.
Now till 6550 is not taken out we can expect a small drop till 6450-6400
Lets look at the chart.
Nifty Structure march 12th
If this move comes
I would con sider this
as 4th wave if the fall
continues i would have
to relook at the count.
Lets see how nifty
moves in next few days.





Overall till 6400 is held a serious dent in nifty is not expected but stockwise
lot is happening be stock specific.

Regards
Rish