The move since nifty touched 4700..in last three days , have been a little confusing..IT CAN BE JUST A PAUSE..before it starts marching forward towards the tgt zone of 4850--16300 around.
there is a probable top hns on hourly charts of nifty..but it needs to break below the neckline,today or tomorrow morning for confirmation of the PATTERN.
For , sensex 15608 is a very very crucial level to watch.atleast an hourly close below it is needed, if markets are to correct more from here.below a5608, some support levels are mentioned in the chart being posted in the next post.
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