December 18, 2009

18th dec 09..senerio of nifty...

as per my analysis u will get 5070-- 5080--5090 level as shown in graf..there u exit all longs and take positional short,,,,,,,as everybody is w8ing to fall the mkt since from 3-4 days back,, but notice that nifty is in consolidation zone and may take day or 2 more to complete the wave count and then only fall down as shown.................NOW TODAY INTRADAY CALL----nifty will open in red around 5010--5020,,,,buy there with 4997 spot as stoploss for tgt--5060--5070 spot................................