Tuesday, May 12, 2009

nifty 4 th down wave progressing


yes market behaved same way as human mass psychology
every thing is under systematic and following EW thory
in last report we had told wait for next 2 days
market moment will cool off and bear willl be winner
it happend same .
now this is 3 rd day consucutive decline near term some support area looks A WAVE
and will agian some upside as B WAVE
then again C down wave..termination of 4th corrective wave
S&P CNX NIFTY *RC Wave* stoplls :3,637 Short bellow :3,601.99lower target WLT1>3,545>>3,452>>>3,395
last reprot clint have advisid to take 3500 put or sell 3750 call option..
hope all of enjoyed. it