NIFTY:
No Change in the view but we can start buying in small quantity in few good high beta stocks ,as NIFTY will complete its a-b-c correction very soon 5585(38.2%) or 5545 (a=c) . USD/INR will correct very soon as there is a negative divergences and 5 wave rise from 51.20,so i m expecting a (a-b-c) correction in USD/ INR.US market will bounce for a retracement of minimum 50% of the fall as i m able to see a clear 5 wave fall in NASDAQ-100.
R.K.
No Change in the view but we can start buying in small quantity in few good high beta stocks ,as NIFTY will complete its a-b-c correction very soon 5585(38.2%) or 5545 (a=c) . USD/INR will correct very soon as there is a negative divergences and 5 wave rise from 51.20,so i m expecting a (a-b-c) correction in USD/ INR.US market will bounce for a retracement of minimum 50% of the fall as i m able to see a clear 5 wave fall in NASDAQ-100.
R.K.
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