Friday, May 25, 2012

Is a-b-c correction in progress for NIFTY?

Is this an a-b-c correction for nifty ?
If yes then
a = 4789 to 4956 = 167
b = 4956 to 4805 = 151
c= 4805 to XXXX. If a=c then we may face stiff resistance at 4805+167 = 4972 range

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