Thursday 23 February 2012

Wave theory has given a fall from 5610-5640. HOW?


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.
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Please read my jan article - http://viecapital.blogspot.in/2012/01/nifty-technical-views-as-on-closing-11.html