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Thursday, September 03, 2009

(1) Nifty Chart For 03/09/2009 ::


Nifty :: Undeceive Doji black candle ..Third red day in row turns sentiment negative.. Both Ending Diagonal and Wolfe wave target may be pending or may be over near last top.. Both pattern gives top formation conformation only when Nifty close below 4482.. And that’s why up to our last highlighted support zone (near triangle bottom) be careful in shorting at lower level.. Our strategy for 3rd Sep., up to 4650 sell at high (S.L 4650) buy in deep (S.L 4482).. Resistance for up move at 4638/4650/4700/4728.. Supports at 4580/4565/4550/ 4530/4500/4482..

Posted by MY CHART at 9/03/2009 01:51:00 AM

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