Tuesday, March 11, 2014

Update of Nifty Spot

About 6 more hours atleast logically required for completion of probable iv th wave of larger c-wave.  6600 will be big resistance i.e. EOD close above 6600 will be very difficult for a day or more than 1 day. Trendlines needs to be watched to identify completion of first a-leg of the 2nd corrective. Holding the earlier achieved targets i.e. Target 1 6496.61 (Done) /  Target 2 - 6529.78 (Done) crucial.  Trade the levels, charts can adjust.

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