Friday, October 1, 2010

NIFTY

NIFTY WEEKLY
NIFTY DAILY

If i look on nifty wekly chart since 1994 to till date indicates this is 5 wave impulse wave pattern so 5th wave--- since 2009 to till date could be ABC pattern and probabilty to touch 6300-6500 levels as i indicate in chart
Recent impulse wave pattern with low volume suggests fall , may be touch 3000.