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| After the nifty has break out from the downward descending trendline and the price is now correcting or consolidating towards the downward trendline, according to my view the Elliot wave 1 is completed and now wave 2 is undergoing. If you see the other slide where the 50DMA is just crossing 200DMA, which is called a GOLDEN CROSS, a very bullish sign. |
Wednesday, March 7, 2012
Elliot Wave 3 is now coming to INDIAN MARKET
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