Rupee @ 52

Its quite strange Rupee has hit low of 52 which was the low of march 09′ while Nifty is yet to test 4700 !!

I hope I m wrong with the count and Re manages to hold 52.

  1. #1 by manu on November 22, 2011 - 3:29 pm

    after many days u posted ..

    inr all time low

    what if this takes a”c” wave than a triple zigzag looking for 5100 then ending at 4300-4400 as “z” for the last wave up

    • #2 by Jazz on November 22, 2011 - 6:34 pm

      Hi manu,
      yes we can see complex structure ( double zig / diametric ) once 15500 on sensex goes.

      http://theprofiletrader.wordpress.com/2011/11/10/going-down-again/

  2. #3 by manu on November 23, 2011 - 1:17 pm

    low sensex 15478.69 and support taken..we go up in mid term

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