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Friday, May 04, 2007

(1) Nifty Chart For 04/05/07

NIFTY CHART

Nifty :Yesterday we put all buying recommendation for up move and its really move up sharply beyond our exception. Look today Nifty chart we plot hear strong resistance zone 4192 to 4200.Our first target of 4th wave down move already over but still in RSI and other indicator give negative divergence so we still don’t have any conformation that 4th is over.(May be this one corrective 4th of b).. Please don’t buy at higher level.. Resistance for up move 4157/4175/4192.. Support for down move at 4126/4107..

Posted by MY CHART at 5/04/2007 12:59:00 AM

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