Saturday, June 28, 2008

nifty future-30june to 4july weekly report

we r in last phase of selling.. on eod and horly basis we r 5th down wave target jone. on weekly scale we r on oversold area...any decline is buing opertuntity..for coming days . PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY ---------------------UPWAVE(4-5) WUT3 : --4,331
UPWAVE(2-3) WUT2 : --4,265
UPWAVE(0-1) WUT1: --4,160
WUT= WEEKLY UPER TARGET
++++(4,095.18) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(4,055.02) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---3,990
DOWN WAVE(2-3) WLT2 : : ---3,885
DOWN WAVE(4-5) WLT3 : ---3,820