Minor pullback from Median line.The 5000-5030 range is going to be major test , as to whether nifty will breakdown or move northwards.As we have made a higher Low , the upward move is also a probability if it crosses 5030.There should be some consolidation with some zig zag movements around the Longterm downsloping Pitchfork .( shown in earlier chart)
Wednesday, September 28, 2011
28.09.2011_Wednesday
Minor pullback from Median line.The 5000-5030 range is going to be major test , as to whether nifty will breakdown or move northwards.As we have made a higher Low , the upward move is also a probability if it crosses 5030.There should be some consolidation with some zig zag movements around the Longterm downsloping Pitchfork .( shown in earlier chart)
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