(2) Nifty Elliot Wave Chart For Coming Week ::
Nifty :: As per last leg Elliott wave count Nifty may finish Primary Double ZigZag W-X-Y of W and Y running with Intermediate a-b-c of c .. Primary wave W-X-Y of Y target in between 3150 to 3950 and Intermediate a-b-c of c target in between 3700 to 3950.. Both target match in between 3700 to 3950..
As per Japanese candle pattern.. In weekly candle sticks chart Nifty made an Engulfing line bear candle in down trend.. Its mean may be Nifty bounce beck any time from support or target level and try to close above last week close in coming week
As per gap theory Sensex also in gap support zone..
H&S pattern match last target of intermediate c leg ..
All this various type of chart reading says that coming week gives us buying opportunity in deep for short term..
Be careful in shorting or avoid shorting at lower level..
Our strategy for 12th Jul buy on deep (S.L 3870) Sell at high (S.L 4110).. Resistance for up move at 4040/4060/4110/4140.. Supports at 3976/3956/3942/3870/3845..


for all other people calls please trade at your own risk