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Wednesday, August 26, 2009

(1) Nifty Chart For 26/08/2009 ::


Nifty :: High volatility increase volume and made an High wave bullish candle.. Give support to big Inverted H&S bullish pattern.. But As from last week we constantly plot Ending Diagonal wave pattern.. From to day onward we ignore English pattern and came to our favorite simple dashi pattern bearish Wolfe Wave..!! Yes it, be careful at higher level now any time correction due form high.. For 26th Aug watch strong resistance zone 4690 to 4704 and above it 4731 and last 4748.. Still some bullish strength is there so up to 1-3 line our strategy in decline, up to 4625 buy in deep (S.L 4625) Sell at high (S.L 4748).. OR if Nifty open up sell at high (S.L 4748) buy in deep (S.L 4625).. Resistance for up move at 4690/ 4704/4718/4731/4748.. Supports at 4625/4575/4536..

Posted by MY CHART at 8/26/2009 02:16:00 AM

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