Tag Archives: 2% method

Nifty Index – Indrajit’s Analysis For 9th-13th February?

Nifty Index 9 To 13 Feb 2015

In my last analysisof 3rd February 2015 on Nifty index I clearly indicated a correction here and we got enough correction whole last week.

Nifty index corrected from 8797.40 to Friday’s close of 8661.05. Its a 136 points haul after my ALERT. My readers are aware about the power of technicals. YES, its no magic, pure technicals.

Whats on the cards now?? Nifty has almost corrected to 38.2% retracement level of 8640.90 (made low of 8645.55 on last Friday). Today’s open is very very important