Tuesday, December 7, 2010

NIFTY,MCX COPPER, DOW, US DOLLAR ,SHANGHAI


NIFTY
I think this is 5 wave impulse wave pattern if this is true then we may see some uptrend after small correction as indicated in above chart according to ABC pattern

MCX Copper
we have already seen huge uptrend from lower level so i think this pattern may be completed at any levels but we have to wait for creating short position after conformation according to above chart pattern for the mid term.
DOW

Still DOW is in Positive Territory
US Dollar

SHANGHAI

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