Thursday, December 12, 2013

Nifty Update

Today or tomorrow's  price action would confirm if the Diametric (e)-leg has already concluded at 6415 or not. If it has, we may be back below 6050 or Minimum below 6158 soon. We may see another high if the current low or about 6244 is held but overall data is not very supportive for holding these kind of levels.  What can help ?  IIP data ?

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