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Diwali forecasting: for upcoming one year
12 November 2012: Nifty Elliott wave analysis: Nifty came back to the mentioned support of 5680. Keep an eye on IP data and 2 G spectrum auction. Expecting weak opening.
09 November 2012: Nifty Elliott wave analysis: Nifty has resistance in the zone of 5760 to 5780 levels. As long as 5680 sustain, we are bound to see pullback. Nifty is not falling like rest of the world.
08 November 2012: Nifty Elliott wave analysis: Nifty has closed above 5760. Is it a breakout? We will get answer today. I have said earlier also for the fall after UP President Election. US market has seen the desired dip.
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