Tuesday, September 7, 2010

EW Count

Nifty is moving in a Channel pattern since Oct '09. It has given good corrections after getting resisted at channel top. Today it touched the Channel top once again after May '10.



Can it be the start of a larger correction to come ?? We will keep an eye on this alternate EW count for it.

4 comments:

assortZ said...

Hi Aarvee,

again we touched the same 5625..interesting days ahead that's for sure.. keep this space filled with your charts..will join here soon :)

assortZ said...

Hi Aarvee,

again we touched the same 5625..interesting days ahead that's for sure.. keep this space with your charts..will join here soon :)

AAR VEE said...

Hi az,

Hope mom and baby are doing fine.

Its time to be cautious even if breaks above the channel as the larger time frame players make take over.

AAR VEE said...

typo-may take over

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