Friday, March 1, 2013

NIFTY FUT. (1HR. CHART)

Nifty is trading below H&S pattern which indicates to come 5550-5600 levels very soon. But according to my thinking another H&S pattern we may see as i indicated in chart and recent downfall should be in 5 wave where 3rd wave has been completed . 1hr. chart indicates oversold so thatswhy a bounce back possible in ABC wave of 4th wave .

No comments:

Post a Comment