Thursday, October 4, 2012

Nifty 78.6% fib. ret. @ blue line... Trend Up, Target = 5885, S.L.=5555

NSE NIFTY 50


78.6% fib. ret. of previous downfall @ blue line... Trend Up, Target = 5885, S.L.=5555

Sunday, March 11, 2012

Nifty correction complete

Updated view on NIFTY Benchmark index: BULLISH
Last correction type: W X Y with retracement near 38.2%
Where w = zigzag ; y = zigzag ; z = flat
Flat is 3 3 5 but i m  counting this as 5 3 3

Combination correction pattern is similar to pattern formed b/w 8 nov 2010 to 19 dec 2011