in the previous two postings i have already shown the A-B-C pattern and flat top rising bottom A-B-C-D-E patteren...here is channel pattern of nifty...today on 6th march 2011,,nifty is 5482 ( closed rate )......click the graf to enlarge and read there,,,as per graf we are travelling through wave c TO wave d....IDEAL SELLING ZONE IS NEAR WAVE e ,,here i expect some upthrow near wave e...sell it here positionallly with 5800 as stoploss for tgt1----4800 and next tgt---4500 ...remember its longer term view...for intrday or more details call on 09225526327....HAPPY TRADING...
March 7, 2011
DETAILS OF CHANNEL PATTEREN FINDINGS...
in the previous two postings i have already shown the A-B-C pattern and flat top rising bottom A-B-C-D-E patteren...here is channel pattern of nifty...today on 6th march 2011,,nifty is 5482 ( closed rate )......click the graf to enlarge and read there,,,as per graf we are travelling through wave c TO wave d....IDEAL SELLING ZONE IS NEAR WAVE e ,,here i expect some upthrow near wave e...sell it here positionallly with 5800 as stoploss for tgt1----4800 and next tgt---4500 ...remember its longer term view...for intrday or more details call on 09225526327....HAPPY TRADING...
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