(1) Nifty Chart For 12/05/2008 ::
Nifty :: Break all strong support and turn down sharply due to inflation and world indices drops… Still above breakout level, and above rising channel… Momentum turn slightly weak below 4991.. Watch two strong supports 4923 and 4878.... Up to 4878 our strategy For 12th May Buy on Dip (S.L 4878) Sell at high (S.L 5032) … Supports 4978/4923/4878.. Resistance for up move at 5026/5032/5040/5080..


for all other people calls please trade at your own risk