Tuesday, July 26, 2011

Nifty 26 July 2011 (BEAR Trap for MANGO PEOPLE!)


T.V. analyst was bullish yesterday & may be they r bearish today...
Downside is just the trailer, actual downside is pending! T1: 5500, T2: 5400.
The E wave of triangles was SHARP just like A wave of triangles & same is this downside (C WAVE) must not take more time than A of ZIGZAG so the expiry FAVOR BEARS.

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