Thursday, February 9, 2012

Nifty Spot

Nifty is trading above 5200 levels which means we may see some kind of consolidate pattern to completing of total 5 wave pattern of A wave then could see downfall in ABC wave near 4900 levels.But i will create short position after completed 5 wave.

4900 levels is not a strict advice to buy but hope so to take support near this levels or according to pattern.

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