Hello friends,
I am stick to my views.After, sharp pull back from recent low,yet to convince that,market is out of danger.
Market had completed 21 impulsive sub wave at 5310 on 6th of january,2010.we have to complete another 13 corrective sub wave.
we are in only 2nd corrective wave out of 13.
Technical guys ,please, check it in nifty weekly chart in line mode.
Long pain full days are ahead of us.any pull back rallies should be exited.
I am stick to my views.After, sharp pull back from recent low,yet to convince that,market is out of danger.
Market had completed 21 impulsive sub wave at 5310 on 6th of january,2010.we have to complete another 13 corrective sub wave.
we are in only 2nd corrective wave out of 13.
Technical guys ,please, check it in nifty weekly chart in line mode.
Long pain full days are ahead of us.any pull back rallies should be exited.
the ongoing rally may lay a super trap for the convicted bulls & invstrs hazing in the budget blues unless v do not close abv 16990