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Thursday, March 01, 2007

(1) Nifty Chart For 01/03/07



Nifty : As we say on 26th feb chart Nifty meet our target and close in it. Now for 1st march supports at 3729 /3677 and ¼ line of Wolfe wave at 3650 to 3656..RSi at oversold zone .200 day moving also at low of bar and double bottom at hear so strong support at 3650 to 3656.. Bounce beck may be possible from support zone close bellow 3725 give more deep up to 3650...Till then buy at lower level. Upper side Nifty face resistance at 3768/3834/3856…In Sensex chart Gap between 13298 to 13408 so try to fill gap in coming days…And target of 4th wave down move at 13400 if down move third wave is over…

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