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30 May 2014: Nifty Elliott wave analysis: Outlook remains unchanged even on new trading month. Wave theory is suggesting for a move to bring it near to 7130 and then a decisive breakdown may come in few days.
29 May 2014: Nifty Elliott wave analysis: Derivative expiry is coming on decisive day on chart. Break below 7300 will give us 7260 levels. Metal stocks may be on higher side of activity and mid cap + small cap on litmus test.
28 May 2014: Nifty Elliott wave analysis: We have derivative expiry tomorrow. Indices and stocks futures may give up its premium today. Be cautious from buying. We may again see dip from any intraday high point.
27 May 2014: Nifty Elliott wave analysis: 7563.50 and 7504 will act as double top with second top lower. Key support will be only at 7130 which are still more than 200 points away. Massive volatility is expected till expiry day and it may be landslide dip.
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