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.
Wednesday, July 27, 2011
Intraday wave iii normal - 27 July 2011
Wave iii (down-trending) just touched the channel but it should not break the channel as its not the extension.
It seems wave iii is near complete but i was expecting a bit more from this wave as the target 5460 is far away from here.
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