August 27, 2014

advice to nifty path

as  per expectation nifty bounce back handsomely today

 ...we all booked profit of longs taken earlier @ 7940 future levels..handsome profit today....enjoy

we did not shorted nifty today.... because
  
  nifty did not fall  down today  on 27th august 2014 as expected  and closed today on higher levels only 7942 fut level ...it force me to reanalyze path of nifty again..

....it seems that sub-wave 3 of 5 is shown in pink is  still on..

..nifty will not make formation of simple A...B...C   pattern as posted in previous post...

so stay long in nifty......

where to take buy????

what is the stoploss???

 refer the old graph posting it again today for tgt 8200 soon

stop-loss and tgt only for 

any query can call on 

09225526327

regards..