Nifty Update, NDTV Interview link

Published: Thu, 02/25/16

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The Complete Analysis
Dear ,

I hope you have read the Latest Economic Cycle Update, if not it is here Indian Economic Crisis 2.0


My latest NDTV Profit Interview link is here
http://profit.ndtv.com/videos/news/video-7-350-crucial-level-for-nifty-rohit-srivastava-404917

The weekly Nifty Update is below

22 FEBRUARY 2015 

The weekly elliott wave commentary with Targets and levels is published every Sunday to Subscribers, This is only an excerpt.

MEDIUM TERM

NIFTY ELLIOTT WAVE UPDATE 

The Nifty closed positive for the week. The RSI that fell below the 38 level hit a low of 31 last week. In 2011 the market bottomed at a reading of 29. This raises doubts on whether we have a bottom. In a deeper bear market like 2008 the weekly RSI bottomed at 18. So the real question is whether we have are in a deeper bear market......  READ MORE


 
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Rohit Srivastava
www.indiacharts.com
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Price levels are based on Fibonacci maths and are only indicative of what the mathematical
model throws up. We may hold positions in the stocks/markets discussed and are
interested in the views and opinions expressed. This is not a recommendation to buy/sell.
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