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Tuesday, June 23, 2009

(1) Nifty Chart For 23/06/2009 ::


Nifty :: As per our weekly Sensex intraday Elliott wave post, Sensex exactly turn down from our c wave intraday most probable target zone.. Now Nifty and Sensex both close above mid term long trend line.. Watch important trend line level 4229 below it last support 4206.. Once break 4206 and close below it Nifty enter in midterm correction or side way zone.. Be careful in shorting if Nifty open gap down.. There is too many strong support zone in between 4112 to 3975.. Our strategy for 23rd Jun below 4229 sell at high (4229) buy on deep (S.L 3975) ..If open gap down below 4100 buy on deep (S.L 3975) Sell at high (S.L 4229)… Resistance for up move at 4285/4327/4352.. Supports at 4206/4112/4092/ 4017/3075

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