Wednesday, March 14, 2012

Re: [discussion_vu] NIFTY- Will history Repeat Itself..

 
what is Nifty?


 
On Wed, Mar 14, 2012 at 8:52 AM, Shah, Vikas (IND Int) <vikshah@mfglobal.com> wrote:

 

 

Nifty broke out above 5648 on 09/09/2010 and rallied upto 6338 on 05/11/2010

 

Nifty once again at 5648 ( i.e. the key retracement level of 61.8% of the correction from 6338 to 4531)

 

Recovery from 4531 turned down at 5630.. and  failed to cross 5648 last time (Feb-2012)...

 

Can Nifty repeat its previous move once again above 5648 this time ???

 


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