Tuesday, July 16, 2013

Nifty 16-07-2013 Overall Analysis from all prospects

Normal Technical Analysis :
                        Above is the daily chart  of NSE NIFTY (INDIAN INDEX) . A head n shoulder formation is in progress, right shoulder is about to start from today's fall  which would complete near 5500-5450 lvl below that more panic can be witnessed.

   Advance Technical Analysis from Elliot Wave prospect:
                          Above is daily chart of  NSE NIFTY. Major downside leg wave C is about to start which will catch fire in near term.....

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