Tuesday 23 July 2013

Nifty 23 July 2013 : An intermediate correction. Fall may commence any time.

I perceive that Nifty is in an ET and the present rise will be resisted near or slightly above 6100.  The chart below is the basis.












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2 comments:

  1. jagannathan7/31/2013 06:41:00 pm

    as suggested by you on 23rd nifty has reached 5675 and bounced.whether it will go up or down?

    ReplyDelete
  2. Falcon7/31/2013 11:08:00 pm

    Bounce should get arrested near 5800 and the fall would resume. 5400-5430 would be seen, if my perceptions are right.

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