Thursday, May 15, 2014

Update on Nifty Spot

e-leg was 533.8 points and a-leg was about 577.6 points. Crossing the trendline resistance at 7138-7140 
g-leg commences with 7080 as S/L .

Targets can be as follows

5984.6  + 1296.15 = 7280.75 (target 1)
Or     
7084.85 + 533.8   = 7618.65 (target 2)
Or
7084.85 + 577.6   = 7662.45 (target 3)
OR 
6415    + 1296.15 = 7711.15 (target 4)

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