Tuesday, June 7, 2011

Nifty

After A & B wave completed now its turn to for C wave which may be near 5750 levels ( strong resistance ) . Then we could see strong down fall without any break as i think.

If we see on Dow, copper,gold ,silver, crude etc. are given some kind of selling pattern at higher levels so we should be cautious at higher levels in nifty. Thatswhy i think we could see selling pressure at bearish phase in nifty.