(1) Nifty Intraday Chart For 10/03/2008 :: 
Nifty:
1. Nifty today held on to its long term weekly channel support of 4650 & bounced back from there, (Detail weekly chart will be posted tomorrow)
2. Now as per Elliot wave analysis last leg of Nifty, that is 5th target is between 4425 to 4830, the range we are already in, and time wise date 07/03/08 and 10/03/08 also matches
3. All stocks & technicals are already in over sold condition,
4. Now with holding on to long term channel of 4650 & Break out of channel worked as strong support today, may be we have achieved that 5th target from todays low and support of 4650, so 5th may be achieved already or we could be in 5 of 3rd wave as per elliot wave analysis.
5. After Nifty spot breaks 4950, that indicates upper break out & we can see a PULL BACK rally after it breaks 4950.
lets see whats happen on Monday only time will tell.....
for all other people calls please trade at your own risk