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16 November 2012: Nifty Elliott wave analysis: Nifty came near 5600 and it has support at 5580. No great technical sign for the break of this range. We seem to be on lower end of range.
15 November 2012: Nifty Elliott wave analysis: Nifty has broken its crucial edge of 5680 on Diwali day. It is the beginning of re test of 5580 levels. Trading resistance 5690-5700.
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.
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