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DOWJONES INDUSTRIAL AVERAGE: Short term study based on Elliott wave theory. Resistance @ 13050 and expect slow and steady fall up to 12285.

DOWJONES INDUSTRIAL AVERAGE: Short term study based on Elliott wave theory. Resistance @ 13050 and expect slow and steady fall up to 12285.

(Click on image to see separate clear view). Dow Jones has much better chart than any other indices in the wo…

Vie Capital 09:13
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NIFTY: 15 May 2012: Broken below 4904 to hit 4874. Expect the test of 4850 and watch out for signals for bounce. If it fails then prepare for 4790.

NIFTY: 15 May 2012: Broken below 4904 to hit 4874. Expect the test of 4850 and watch out for signals for bounce. If it fails then prepare for 4790.

What was happening yesterday at NSE was beyond my understanding. What kind of technical problem it was that exper…

Vie Capital 23:31
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14 May 2012 : NIFTY : Intraday - Broken @ 4904, preparation is on for 4880 and then 4850

14 May 2012 : NIFTY : Intraday - Broken @ 4904, preparation is on for 4880 and then 4850

Nifty has broken 4904. Above is 5 min chart.  If we take a fall from 5040 to 4906, we have some crucial resistan…

Vie Capital 13:09
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NIFTY: 14 May 2012: 4904 can not hold for too long. Still no sign of recovery, no bounce can sustain. Nifty is eyeing for 4880 > 4850 > 4790 > 4766. Resistance @ 4986 & 5040.

NIFTY: 14 May 2012: 4904 can not hold for too long. Still no sign of recovery, no bounce can sustain. Nifty is eyeing for 4880 > 4850 > 4790 > 4766. Resistance @ 4986 & 5040.

A return from 4906 but died in just few hours. This is what I am saying from past few days. Bounce but no bounc…

Vie Capital 23:31
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