Thursday, March 7, 2013

Nifty 07.03.2013

NIFTY 07.03.2013
Hello guys welcome to my charting adventure. This blog is strictly elliottwave for all kinds of  underlying (mainly nifty) but am open to all kinds of stocks based in Indian equities or Foreign, Commodities and Forex.


If you see since the low of 5665 on 4th March NIFTY has gone up in an impulsive fashion. it has nicely followed the fibonacci ratios. Now we look for nifty to reach its target of 5867 or 5897 and if it extends it can go to as high as 5956 highly unlikely.