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Wednesday, July 04, 2007

(1) Nifty Chart For 04/07/07

NIFTY CHART

Nifty : As per our yesterday post Nifty exactly stop at last high 4363.. As per Elliott wave count this one is 5th of 3rd wave running and may be 3rd end after breakout of 4363 at near 4397 to 4400 …In one level above 4339 momentum up below 4339 momentum down.. For 4th July check first resistance at 4363 once break 4363 no major hurdle for up move up to 4397… Resistance for up move at 4380/4384/4397/4400.. Support for down side at 4339/4323/4305//4296.. Trade with our Nifty spot buy sell level.. Magenta color work as strong support and resistance ….

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