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EXPECT BIG CORRECTION
3 consecutive close below 200 day average is a danger sign.
Expect gap down opening on Monday.
We have to take the correction from 5399 as Wave A. It will be finished in a day or two. I think it may or may not break the previous low of 4675.
Then Wave B will begin. It wont go beyond 200 day average.
Then the devastating C wave will begin.
Seniors please give your opinion.
R.SIVAKUMAR
TRICHY
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from last two days we bounce back well and not follow world . This is the effect of strong economic of India.Hope next week we recover more
4500 & 4300 also expected in mkt : why could worry about that : lets see what happened
Nifty is going to bounce up from here, lower figure is today's 4842.30 wich is exactly 2.000% of 5193.60 (4842.50) . This is on the basis of EW on closing basis. closing on 10.5.2010 was 5193.60 , and from there it started its next wave till today. Technically, there is no chance to go down fro this level(4842.50)before a move up. The rest of all , depends up on many factors including global markets and its related issues. Buy near this level with a stop lose of 10-20 points , if available.
German Parliament has Approved European Aid Package. Will this help the markets to recover in the next week. Please post your views.
sivakumar kya baat hai...naam se mai sanjay hu lekin dikhta sab aapko hai
EXPECT BIG CORRECTION YES BUT ONLY IF CLOSE BELOW 4780...OTHERWISE NOT....WE CLOSE ABOVE 4880 THT'S GOOD SIGN,,,BUT WE NEVER KNOW WHAT WILL COME NEXT....THIS IS JST MY VIEW NOTHING ELSE.....
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