Monday, March 2, 2009

Nifty Future Hourly 5th Wave Progressing - Rakesh Chandra

Market has behaved in the same way from last 3 weeks. Monday, market would be negatively biased due to the astro effect of of March 1-2, i.e. Mercury-Mars. On the hourly basis, the 5th down wave is progressing, and if trading obey the level strictly.

With stoploss 2,719 buy above 2,735.22 for weekly up target >2,762>>2,805>>>2,832.

With stoploss 2,735 next week short below 2,718.78 for weekly lower target >2,692>>2,649>>>2,622.

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