Friday, September 13, 2013

Intraday Post

Nifty Spot is in 70 point triangle.  Breakout 5885 and breakdown 5815.  Three waves done a-b-c now d & e left.. d should go to 5835-25 zone.  From there it may bounce back towards 5870 again. Monday should be a fall day for Nifty.   Please keep 5813 Stop loss for longs  5886 for shorts.

Alternatively (a) of b done (b) of b going on as triangle and (c) of b will go up later half today.

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