Tuesday 3 September 2013

Nifty 03 Sep 2013 : The grand finale

The ET got completed with a spike in the morning.  What followed was a rapid down move to finish the unfinished.  A back test of neckline, which was incomplete at 5118 will complete at 5080 or lower, if done tomorrow.  If the neckline holds, the targets mentioned at Nifty 31 August 2013 : Inv H&S Targeting 6680 could well be a imminent possibility.  Here is the chart :



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