From past few days I constantly mentioned the resistance at 5640 in my daily article. As of closing on 16 Feb, this resistance of 5640 was derived as follow. This was based on wave theory.
(We provide these study in advance to paid subscribers only)
Please read my jan article - http://viecapital.blogspot.in/2012/01/nifty-technical-views-as-on-closing-11.html
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