Wednesday, May 21, 2008
nifty 22 may
as mentioned in weekly report,on hourly scale nifty has to go 3-4 down wave then 4-5 is up on card.. monday and tuessay morining fall on 4th down wave path..then today later nifyt recoery is on 4-5 up wave on hourly scale..possible up target of this wave is 5200-5250 area....then our wave cylce will cmplete again makret has to go on down cycle phase..so try to exit from ur profit positon..june (3june to 17 june)month is not faborale.. plz go throgh my nifty advacey view,,in that i have given clue about bull market truncation..>and finding eod sell signal.>now we r progressing towards sell signal..on eod basis