Thursday, 3 January 2013

Nifty Page: 3.1.2012(EOD)

Today's post is a replica of my yesterday's post--- nothing to add except that a retracement is  getting overdue.
If before the beginning of the retracement,we hit 6020+,we would retrace only 5864-602x i.e. upto 5910-5920 zone.
However if we start retracing from this level itself,with a gap-down tomorrow then the probability of seeing 5800 would be quite alive:

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