May 17, 2012

positional graphical view of nifty from 17th may onwards....



as per Elliot wave count...nifty  is going to complete its 3rd wave near 4830..4820..4800 range....

 one can take buying in diff t stages from tomorrow it self up to 4800 level and hold the longs for at least 5  to 7 trading sessions...for tgt 5200 showed in the graph...strictly use 4770 as  closing basis stop-loss..its important to exit at stop-loss given... risk reward 1:5 showed in the graph.......happy trading...any query call on 09673997310..natkhatnifty....

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