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Thursday, April 26, 2007

(1) Nifty Chart For 26/04/07

NIFTY CHART

Nifty : From couple of days we say nothing to worry for bulls. Now it’s time to say worry for bulls.. Our first target for 3rd wave and H&S all ready reach now for any up word momentum give chance to offload your portfolio. And wait for some decline mean 4th down wave..Still nothing to worry in daily chart but in hourly chart give negative divergence from 16th April… Nifty face strong resistance at 4200/4223 ..And support for down move at 4150/4144/4078…

(Momentum still up don't short without conformation )

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