Saturday, January 15, 2011

Nifty 1 HR. chart


nifty made new low but i think it should touch 5950 levels in 5 wave pattern as i indicate in chart . so i would to prefer to buy after conformation at lower levels .

Long term----Buy Mode, Mid term---MIX , Short Term---Sell mode, 1 hr.chart---sell mode ( but more chances to do bounce from this levels and convert in buy mode )

so if you are not comfortable to buy then can wait for 5950 levels to go short.

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