Friday, March 2, 2012

Nifty spot

At this levels i am getting some kind of  confusion which is Nifty's movement. U can buy in  Nifty after price breached above 5390  with SL 5300 for the Tgt. of 5500--5550 levels .

 After A wave completed near 5270 levels as i posted yesterday , now B wave should be in 3 wave where small A wave has been completed and small B wave may be completed near 5300 levels or may see one or two days falling pattern below 5270 levels then could see C wave rising pattern near 5550 levels . But before buying ,confirmation should be needed so thatswhy i am just waiting for taking action above 5390 or near 5260 levels .

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