AUTOMATED TRADING

AUTOMATED TRADING

19 December 2013

Nifty latest update for 19 dec

Three days back we indicated that nifty may take support around 6150-6124. Nifty made low 6132 and reversed back from there. As per elliott wave i have leveled as double zig zag pattern in A.B.C.X format. Further we will have to see that either wave form in corrective formation in A.B.C or diagonal. 6190-6200 will act now as a strong support. Trade only long side as long as 6150 is intact.
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