October 20, 2011

nifty for 21st oct 2011.....hold all the shorts.....

click the graf to enlarge....read the unfolding 5 wave structre.... today on 20th oct..2011..we r near wave..2...( 5103)....IN PATH...B TO ..C

as per elliote rule...nifty goes up from 4750 level to 5160 level in 10 days,,,the time frame for correction will be 61.1 times only...and today was its 4th day in correction,,still 2 days remained ,,,by monday end of sessions,,,this tgt 4950..4920 will hit,,,,so hold all the shorts till tgt,,,not before that....happy trading...natkhatnifty..