Thursday, April 12, 2012

Nifty - Elliott Wave Analysis

Nifty is close to the falling trend line (blue color), if we break out above this falling trend line, we may say that the correction is over and the least target for this upmove will be in the range of 5400, and if this is the starting point of this new move then we will see much higher prices in coming days and weeks. No we just have to wait and see if we take resistance at this trend line or just break through above it.

No comments:

Post a Comment

...I am thrilled to learn what you think about this piece of content...