Monday, 12 November 2012

Nifty Page : EOD 12-11-2012

No decisive pattern defining move---
The downmove 5776-5666 retained zig-zag form today and not took the form of a LD ,what to talk of Impulsive 12345 to the down.
A wolfe is apparent on 5 min charts and is likely to take us above 5700 on Deepawali day but the exhuberance which gave hopes of a new yearly high by Deepawali has got lost somewhere:

5752 has become an important intermediate top now----

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