Friday, April 13, 2012

Last Leg of Fall !!!

Finally Nifty took its shape as a-b-c-d-e as marked on chart to end its sw(4) journey, as it tested most of our Patience and left the air with lot of un-confirmed bad news or Rumours. As I was saying for the last 3 days 5306 which played as a crucial resistance and made nifty to fall suddenly upto 5186. Now Nifty should end its sw(4) near 5110 or 5093 next week. Magical Last upmove of sw(5) will start any time next week once it touches the Bottom Trend like as marked with an Arrow on chart as the bad news or rumours will be forgotten and Nifty may travel upward with new force. Lets See Next Week. Till then Wish You all a Very Happy Week end and Cheers!!!