Friday, June 18, 2010

MARKET AT 80% RETRACE MENT LEVEL / UPDATE 1

WE HAVE REACHED TO 80% RETRACEMENT OF FALL FROM 18048 TO 15960.DECISIVE CROSS OVER OF SAME WILL HELP 

TO MOVE TOWARDS 18K+ LEVELS.A CHART IS ATTCHED  WHICH IS TAKEN FROM VFMDIRECT.COM  TO UNDERSTAND 

FURTHER MOVES.

LOOK AT LINK FROM ILANGOJI'S BLOG TO UNDERSTAND WAVE COUNTS


CONSOLIDATION MAY BE SEEN.

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updation 1 as on 18.6.10

STOP LOSS FOR LONG POSITIONS AT  17150 / 5150