 | |||
| NIFTY |
B wave may be completed near 4700 levels or below this levels
 | |
| DOW Transportation Avg. |
As i told Dow Transport may touch previous low . At this point i think
this falling pattern is looking like 5 wave pattern that means it may
take support at indicated in chart as strong support area. where
RSI,MACD are giving positive divergence .so lets see.
 |
| 10 Year Treasury Note |
At this point Treasury note is the key driver for US market as well as
commodity also . if u look on this chart then u will see 5 wave has been
completed and waiting for correction as ABC wave pattern so any
downtrend will be beneficial for Equity market.
