Thursday, October 4, 2012

NIFTY UPDATE:

NIFTY chart showing a Expanding wedge which is highly bearish pattern and a top out pattern ,The rising trend line of the rising wedge  is around 5855 NF.so sell near 5855 NF ,and further weakness in the NIFTY only below  5680.There is a clear 5 wave from 5215 to 5800+.
R.K.

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