Tuesday, May 13, 2014

Nifty pauses in its 3rd wave journey...

Nifty Intraday Update-III

Nifty Intraday Update-II

Nifty Intraday Update-I

Nifty Pre-Market View.

Jai..ShriRam..wants the "third white soldier" today..
That is Pattern study.
There will be intraday choppiness but EOD must close near the highs just as it did in last two days to be followed by minor corrections ahead of Results day.
Last two days spreads have been of 219 & 157 points; today ??
Last two days, the open & low have been almost the same; today ??
There are clues in market behaviour to form a trading strategy for the day.