Friday, June 11, 2010

nifty

1st chart
2nd chart
Two charts are same but analysis is so different due to EW pattern.
1st chart indicates ---ABCDE pattern for the bearish from the D wave near 5150-70 levels. to 4700
& 2nd chart indicates ---after completed ABCDE pattren now its prepairing for impulsive wave pattern , but at this stage we may see some downtrend pattern from the 5150 levels to 4900 which will be the 2nd wave as u can see on the chart