Wednesday, September 14, 2011

Nifty

After 5 wave and A wave completed now its prepare to make for B wave and which may be completed near 4700 levels below 4900. i think nifty should trade in between 4700--5300 levels for 1-2 months. then we will see more downtrend pattern. at this time i am going to make short position below 4900 levels for the tgt. of 4700 then square off all short position and wait for long position at lower levels.

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