Wednesday, April 30, 2014

Nifty Spot Hourly Update

Completion of f-leg of diametric price and time wise complete. Yesterday's low around should hold especially 6706 and crossing of 6770 would boost Nifty. It may even go to as high as 7004 in g-leg. Only break of 6665 will change the count. Close above yesterday's high i.e 6779.70 will change the bias.
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2 comments:

  1. The WizardApril 30, 2014 at 9:04 AM

    I would wait for today's EOD to make that asumption, which it is at the moment

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    Replies
    1. Sandip PalMay 1, 2014 at 10:01 AM

      Dear Wizard,
      My assumption was based on diametric but market has invalidated it. Moreover I mentioned 6770 crossing or 6706 break were the criteria.

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