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Monday, April 09, 2012

Get Set - Can't Go Still ???


Yes, Nifty fell more than what I predicated last time, Now the fall has retraced exactly 61.8% of previous raise as marked on chart. Now if today downside is sw(2) then Nifty should fill the 2 gaps left to avoid 'Island Reversal' Fall. Tomorrow if 5228 got broken then Last support should be at 5188 - below this level my counts became Invalid and alternative count should come into effect. Lets wait and see!!!