Wednesday, July 03, 2013

Nifty - Elliott Wave Update

  1. Resistance offered in the resistance zone identified.
  2. Now the big question whether the trend is changing from down to up or we have resumed the downtrend.
  3. The key support comes at 5686, if honored, we may see atleast another leg up, or a possible trend change.
  4. If we breakdown from 5686, we have more downsides left.

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