If Acc break below 900 then only wave has rythem other wise, first target is 900 and from it it will pull back. coz 900 is central line of triangle and it is very important to break it.
This is my calculation according to which at this FNO expiry the Nifty will b @ 4350. This is after studying todays Market behavior and open interest in FNO segment.
Happy settlement trading. The wolf is still on and likely to be testing its bottom @ 3500 @ 10th - 12th September' 2007 Correct me if wrong
Sanjyot
Contd.....Only possibility of Confirmed close above 15100 on sensex and 4400 on Nifty will terminate the possibility of W/W. If this happens then this formation will be classic example of running triangle with Very Very V .......strong BULL rally above 15100 with a min appreciation of 2100 points. and 600 points on NIFTY.