(1) Nifty Chart For 29/09/2009 ::

Nifty :: An insider day bar with low volume.. Still Intermediate trend bullish as far as stay above 4863/4885.. Use this stop loss strictly for midterm buying.. Aggressive trader short stop loss still intact at 5036..As per wave count we draw last leg count as 1 or A with A-B-C, 3/C wave may be finish at last top 5036 or still C wave inner structure yet to go as 1-2-3-4 and 4th may be finish near 4904 and 5th unfold.. For 29th watch support or breakdown level 4955 and resistance or breakout level 5016..Our strategy for intraday trader, watch 4955 if stay above 4955 buy with S.L 4932 for target of 4967/4979/5002/ 5026.. Watch 5002 if face constant resistance near this level sell with S.L 5026/5036 for target of 4979/4967/4955/4932..revise your stop loss next to next level and protect your profit in buying or selling.. Resistance for up move at 4988/5002/5016/5036.. Supports at 4955/4904/4885/4863..