NSE Nifty H1 Update om 10/10/2013:
Choppy and overlaping price action indicates that wave (b) is still in progress and now level of 78%Fibo is the one to be focused on:
-if broken, then there is a high chance golden trend line might be tested.
0 if rejected, then a possible sell of might happen to the levels indicated on chart.
IF YOU LIKE MY ANALYSYS PLEASE VOTE FOR ME ON “ANALYST OF THE YEAR” CONTEST HERE: