Nifty : Unanswered questions

Am still struggling to retrieve data and make some meaningful post as writing this blog has become a habbit and inability to write a post makes me feel as if I have missed out something.

On small degree,lot of negative bias remains and my inability to find correct EW pattern has led me to rely more on traditional support/resistance levels to enter/exit trading positions. Todays resistance at 4840 being a live example which , combined with negativity caused by Inflation numbers, became a tough level to crack and similarly 4720-4750 band acted as good support.

I would be back with my EW counts as soon as I am comfortable with them.

Till then,Naagi's posts should suffice.

Raghu