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



1 comment:

  1. The markets are not moving fast in any direction but India’s economy seems to be well under control to race ahead. For the first time in nearly 150 years, India surpassed Britain as far as the size of the economy is concerned. India is now the fifth largest economy with US$2.30 trillion and the ones ahead are USA, China, Japan and Germany. capitalstars

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