Tuesday, 21 April 2015

NIFTY Positional View 21-Apr-2015

CMP 8438

As per my Analysis, we are in Wave 4 correction. As long as 8838/9112 resists, I expect to see 8265 again. Other targets are: 8169, 8068, 7990, 7944, 7794, 7743, 7670, 7586, 7468.


Note: Wave 4 normal retracements are 23.6%, 38.2%.