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Monday, December 08, 2008

(1) Nifty Wave Count For Coming Month ::


Nifty Wave Count For Coming Month :: In last weekend post we plot major corrective wave count.. Today we plot last leg count in small time frame.. As per last post Cycle Double Zigzag may be finish near 2250 level.. Intermediate Flat A-B-C of C running. A-B-C of B May be over near 2500 and start C with Minor Impulse 1-2-3-4-5 of 2nd may be over at 2570 (Conformation of B over and start C must be close above 2860 and hold above 2500/2570)

Now for 8th Dec. In one level above 2750 momentum seems up below 2735 momentum down .Our strategy above 2750 buy on deep (S.L 2674) sell at high.. Resistance for up move at 2750/2785/2832/2872/2900.. Supports at 2674/2646/2609…

Posted by MY CHART at 12/08/2008 01:09:00 AM

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