Wednesday, June 20, 2012

Head & Shoulder on Nifty !!!

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Nifty forming a Head & Shoulder on Chart. Right Shoulder on the formation. Today Nifty completed its 2(b) near 5141.3 and started 2(c). If i am not wrong Nifty should fall from here to complete the C wave.

Above 5144 these counts and Head and Shoulder becomes Invalid. So as said Yesterday I advice every one to trade cautious as I feel some Panic may rattle the market. Cheers!!!

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