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Nifty Movement - March 14 2008 |
eswarmbbe
White Belt
Joined: 24 Jan 2007
Posts: 1
Location: Chennai
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Post: #1  Posted: Sat Mar 15, 2008 11:25 am Post subject: Nifty Movement - March 14 2008 |
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Hi Firends,
Nifty may move as per the attached image.
Please dont go long at 4047 levels for the target of 4300. Better cover at 4047 and open new short at 4300 levels. 4047-4318 may be a complex correction. So it may be a triangle some time.
Nifty Long at 3800 levels can be taken at your own risk. If nifty breaks 3607 without any retracement to upside then a new wave count will start  . So be careful. 
[img] http://www.flickr.com/photos/24693045@N03/2334665062 [/img] |
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