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    Friday, September 5, 2008

    coming day's view on mkt...

    nifty played near 4325-62 area today which is 38.2%-50% ret of its rise 4203-4521, so a bounce here upto 4400 is possible further bullishness above it upto 4470, on the contrary breaking below 4325 it can head toward a test of 4200 recent low. on a positional closing basis its important that 4159 should hold mkt becomes much bearish below it.

    Posted by abhay r somkuwar at 5:32 PM

    1 comment:

    Anonymous said...

    hello sir,
    Today i happened to c your blog n read your old ew analysis of nifty n found them very informative so
    i would like to request u to plz post chart of ew analysis of move from 3790 till now as this move is turning out to be very confusing.

    regards

    September 8, 2008 at 4:01 PM

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