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Thursday, June 11, 2009

(1) Nifty Chart For 11/06/2009 ::


Nifty :: Very funny if we discuss about bearish scenario in such kind of bullish market.. But it is..!! Bearish Wolfe Wave at top near our Elliott Wave target.. All daily even weekly indicators are in extreme over bought zone with negative divergence.. Be careful at higher level any time correction start from higher level.. Watch resistance 4676/4706 and above it strong resistance 61% of entire fall 4788.. Now onwards our strategy sell at high buy on deep.. Resistance for up move at 4676/4706/4738/4788.. Supports at 4636/ 4550/4463/4455/4419..

(First time we mark right signal in all resistance and support level its mean all resistance and

supports are important for 11th Jun )

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