(1) Nifty Chart For 24/07/07
Nifty : As we clearly say in yesterday post avoid short selling at support level Nifty bounce beck sharply from support level and once again bull take control.. No sign of weak moment yet.. But see RSI value above 80 and at this higher bought zone. And Wolfe wave alive. We advice once again to our visitor please don’t stay overnight at your buying position.. Nifty move up and up…Please put strictly S.L in your buying position. From hear now our 1/3 line of wolf wave for 24th Jan, 4573 our buying S.L.. In one level above 4598 momentum up below 4598 momentum down.. Resistance for up move at 4633 to 4645/4656/And strong resistance 4682.. Support at down side 4598/4594/4578/ 4573/ 4540.. Trade with our Nifty spot buy sell level..