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Tuesday, September 01, 2009

(1) Nifty Chart For 01/09/2009 ::


Nifty :: Belt Holt line bear candle in daily char after Sensex made bullish Belt Holt line candle in weekly chart.. Still short term bullish pattern intact, after short correction may be Nifty try to bounce beck from lower level for last upward leg and touch Wolfe wave 1-3 line within next 2-3 day’s.. Be careful if Nifty move up, our position sell date at 2nd Sep.. Our strategy for 1st Sep buy only in deep if Nifty take support near 4618/4600 with S.L 4600 and sell at high (S.L 4752).. Resistance for up move at 4700/4707/4717/4752.. Supports at 4618/4600/4573/4550/ and final major corrective up swing support at 4517/4500..

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