Monday, March 4, 2013

Nifty - Elliott Wave Analysis

  1. We might get some support in the 5600 - 5500 zone, this might be the last hope for medium term bulls.
  2. But if we break that level, the wave C down will get confirmed. 
  3. Right now the fall is looking very sharp, and a bounce if is in 3 waves, should be used to reinforce short positions.

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