nifty views

ns may trgt near 5570 levels till 14th or 15th and then may see a reversal of near 300-350 points..union budget and hike in fuel prices may be trigger


sl for longs is close below 5260ns

strategy:if ns reaches near 5570-5590 ns levels...sell accordingly in nf with sl abv 5630 ns levels

if ns breaks abv 5630 levels again then it may not fall below 5338 in any corrections in next 2 months

nifty if sustains abv 5670 may make higher highs and even may trgt 5900+ levels in next 2 months and then a sharp correction for sub 5000 levels may be seen as shown in bearish wolfe wave charts in next post