This blog provides elliott waves counts for Nifty Benchmark Index. PRIMARY Purpose of this blog is to provide education on elliott waves. But trade/invest @ ur own RISK.
Thursday, July 28, 2011
Wave fractal: 28 July
It seems that wave v is near its end due to break of the channel... Thus, overall downtrending move may not extend too much. But this move is below my expectation as 5460 was expected @ near 50% fibo retracement.
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