A 2 week-long correction in Nifty. What next?
Ever since the breakout in Nifty 2 weeks back, it has been pretty much in correction-mode, correcting from 5350 to almost 5168 on 12th Nov, 2011. This is not what a healthy breakout is supposed to look like. 5165 was the resistance (the top level in the sideways trend from mid-August to 24th October, which […]