Dear All,
On 31 st March we given following Update http://www.abhaymehrotra.blogspot.in/2013/03/nifty-buy-or-sell.html
Nifty Declining like pack of cards After that .......Now what next .
As per charts shown below ....we are in 5 of C wave down which most likely to complete between 5535--5504 Nifty spot levels ....
at these levels .....A=C and 5 Of C might complete ...........
Only a Close below 5505 will initaite further Selling .......
We suggest to book partial profits now at 5557 Nifty .........and trail with 5640 Nifty spot levels on closing basis ...
Kindly chk chart
Thanks & Regards
Abhay Mehrotra
On 31 st March we given following Update http://www.abhaymehrotra.blogspot.in/2013/03/nifty-buy-or-sell.html
Nifty Declining like pack of cards After that .......Now what next .
As per charts shown below ....we are in 5 of C wave down which most likely to complete between 5535--5504 Nifty spot levels ....
at these levels .....A=C and 5 Of C might complete ...........
Only a Close below 5505 will initaite further Selling .......
We suggest to book partial profits now at 5557 Nifty .........and trail with 5640 Nifty spot levels on closing basis ...
Kindly chk chart
Abhay Mehrotra
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