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Sunday, March 3, 2013

Nifty Technicals



If RSI turns down again below 50 then the weakness could exacerbate.
Volatility has increased substantially. Trade carefully, please.

2 comments:

  1. Hi Suresh

    there is one more theory i have that actually suits the theory that bull will end in june. that is if current wave is actually 4th wave and 5th wave is yet to start and 5th wave end at may-june.

    thanks
    jinoy

    ReplyDelete
  2. Maybe Jinoy. But did you have a look at the broader markets? They look shattered...Hardly the environment for a wave 5....


    Thanks and Regards


    Suresh

    ReplyDelete