Monday, September 28, 2009

Nifty for october series

I anticipate Nifty to undergo correction in the october series.
On the weekly charts, I see Nifty should complete it's wave2 (wave 1 being Mar9 to June12) at about 3500-3700 levels.After that wave3 should begin for a possible target of 5500-5800(equal to wave1=> 2154).