Saturday, March 03, 2012

Time for Consolidation before a Big Move!!!

Nifty not able to move up as said in my Last Post.
Now two Scenario

Possibility - 1:-
Nifty Completed sw(B) and have started sw(C).
Possible upmove upto 5420 then a fall upto 5250 & 5160

Possibility - 2:-
Nifty still on sw(b) has to go up upto 5490 to complete sw(b).
After completing sw(B) should fall deeply for sw(C)for a 360 Point fall upto 5130 or even 5080.