Monday, February 11, 2013

5890 - Will this Support Nifty ???

Dear All,

As Posted Yesterday On Weekly Review as Follows :-

>Click the chart to see on full screen<

Yesterday on Weekly Review, said sw(2) might have finished landing as the fall has taken 78.6% of the 5(v)th move at 5884.

Happened today and Yet to :-

>Click the chart to see on full screen<

Today the entire 5th wave also retraced 38.2% retrace at 5890 as shown on chart, shows that a bounce back should be here if these levels hold for tomorrow also. lets see.

Today's Performance :-

Sent on Feb 11, 2013 09:30:09 AM ****N4A-STOCK-ALERT**** Buy CIPLA above 386. sl below 378. Target 390,398 and 403 (all spot lvl).

Sent on Feb 11, 2013 01:04:19 PM ****N4A-STOCK-UPDATE**** CIPLA 395. BUY GIVEN AT 386. ALMOST 1000X9=RS 9000/- SL CTC FOR NEXT TARGET.