Saturday, February 6, 2010

Market Next Week.

The Rising Wedge, after the breakdown, is continuing its journey southwards, after its breakdown and has now closed below the sentimental level of 4800. We might see a pull back early next week only to continue with accelerated fall. A meaningful retracement can be expected only from near 4550 level. However, breach of 4538 could send it to around 4450 or below. 

 

 

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