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20 July ’12: Nifty Elliott wave Analysis: To get a direction in wave ‘B’ or ‘C’, we need to break the range of 5279 to 5209 on either side. Do not expect good reaction about half hearted reforms.
19 July ’12: Nifty Elliott wave Analysis: Completion of down wave ‘A’ @ 5169 (~close to 5160). Expect corrective up wave ‘B’. Minimum expected target should be 5275.
18 July ’12: Nifty Elliott wave Analysis: Close near 5190 twice in two days. I have already said for 5160 to fill gap. Expect fall to continue to for wave ‘A’.
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