Thursday, June 11, 2015

Nifty Breaks 8000. So whats the Next Alternative ??

Dear All,

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Broken 8000. Now Wave C is getting extended as a-b-c-d-e. Price if stays below 8000, Possible downside movement may be still 7723.
We have exited all Long. We don't recommend any long or short at present stage - since all indicators are highly over sold and tomorrow is a weekend closing. Lets wait and See - What to be done Next. Cheers!!!