(2) Nifty Chart For 22/01/2008 ::
Nifty :: Unaccepted major down fall ..We give Wolfe wave at top in Jan first week with 1-4 line target of 5468.. But today fall are unbelievable.. Now Nifty and Sensex both are in highly over sold zone.. Hold above channel breakout.. Please refer our Sensex post also..May be we see sharp bounce beck from bottom.. Avoid shorting at lower level.. Now onward our strategy buy on deep sell at high.. Support for down side at 5180/5155/5142/5096/ And strong support 4983/4903.. Resistance for up move at 5434/5500/5668/5830…

for all other people calls please trade at your own risk