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Monday, April 28, 2008

(1) Nifty Chart For 28/04/2008 ::


Nifty :: One by one Nifty made bullish pattern in daily chart.. First we predict bullish Wolfe wave at bottom of last 5th leg.. After that Nifty give break out of Inverted H&S and triangle.. Now give breakout of downward channel and first strong resistance zone 5019 to 5060..Last and final resistance zone at 5100 to 5160. Till 5162 our long S.L at 5000 and after break out of 5162 revise long S.L at 5100.(time to time revise your S.L in this up move and hold your position ) . Our strategy for 28th April Same buy on dip (S.L 5000/4972)sell at high (S.L 5162) .. Resistance for up move zone 5100 to 5160/5162/5180.. Supports 5076/Supports zone 5019 to 5060/5006/4972..

(Note : Up to 5162 mom up. Once break 5162 momentum turn strong for up move)

Posted by MY CHART at 4/28/2008 12:59:00 AM

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