(1) Nifty Chart & Levels For 27/02/2012 ::

Nifty :: It is impossible to predict 100% short term unfold wave in such kind of manipulated market. Mean stuck with level, go with trend, and trade accordingly above or below levels with proper, small and strictly stop-loss.. As per short term intraday Elliott Wave chart primary 5^th of 3^rd (or C) target may be achieved at 5411/5406 as far as Nifty hold support 5406, if still pending next first target below 5406 at 5383.. Be alert in shorting once Nifty move up and break 5437, conformation of 3^rd (or C) over once Nifty given breakout of 5455/5461.. NSI slightly turn down but still above last low, it may be create positive divergence for buy in coming day’s.. Bull-Bear power still in buy mode.. All short term indicator enter in oversold region in just 3 day’s correction.. In intraday treading on 27^th Feb. Watch 5437/5406 for small swing, and for big swing watch 5461/5383.. Above 5437 stay in buy for small up swing with S.L 5418, below 5406 stay in sell for small down swing with S.L 5418.. In between 5406-5437 stay in side.. Resistance for up move at 5460/5483/5506/5521/5537/5564.. Supports at 5418/5406/5383/5360..