(2) Nifty Chart For 31/12/2007
Nifty :; Here we draw Elliott wave .. And in Sensex intra day chart we plot Wolfe wave.. Both are valid if Nifty and Sensex both move up from here.. Time to time we try to update form here that,.This move is Wolfe wave or Elliott wave 5th of 3rd..Nifty face first strong resistance zone at 6100 to 6166.. Above it next resistance at 6183/ and target of Wolfe wave near 6250.. Supports for down move at 6027/5983/5917.. No clear trend seen in chart.. Above 6085 momentum up ,below 6085 momentum down.. Trade with our Nifty cash buy sell level which are given above Nifty chart..