Friday, May 3, 2013

NIFTY


It seems A wave has been completed of 2nd wave then we could see a triangle pattern for further trading where range could be ( 5600-5900).

 

SBIN ( WORSE SITUTAION HAS BEEN STARTED IN THE MKT.)


I think SBIN has been completed 2nd wave if it is true then wait for confirmation to do short for the longer position after a small bounce back.
 
 
 If SBIN has been shown for very bearish then may be worse situation has been started in the mkt.( As I said before --Nifty to touch at least 3700-4000 levels)