The analysis, projections posted on this blog are entirely mine. I think, you can consider my post as one more source of analyzing method to make a decision on your trade/investment. Thank you for visiting my blog.

Sunday, December 29, 2013


In both the wave counts the resistance level for the week is 6350/6400 and the support level is 6200. This week, it has to break either the resistance level or the support level.

If the resistance level has broken then we can expect a rally to go beyond 7000 level.

If the support level has broken then it is possible that the terminal impulse is complete and the retracing is began. You all know that terminal impulses are retraced completely.

count1:

count2:



Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)