Thursday, September 3, 2009

Nifty-Premarket view

Nifty is expected to trade in a small range with a mildly positive Asian cues. So far the fall looks corrective in nature(as long as 4525 holds). Buy low around 4590-4625 and sell 4660-4685.

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Elliot's Impulse waves.(Part-5)

IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....