Sunday, December 21, 2008

Nifty_f1.near on resistence area [22-26 dec]




here is nifty_f1 weekly chart

In last week report it as been mention we r progressing towards uperside 3170 area.


market behaved same manner but unexpected way upside even if global clue was week


Nifty last week high touched 3116..now mearly far away

50-60 points .from resistence zone.

Book profit from long position and wait nifty unfolding

Stock who have not particapted in rally can perform



obey level strictly


NIFTY_F1* RC Wave* stoplls:3,063 next week_Buy above :3,089.45next week up target>3,133>>3,203>>>3,247

NIFTY_F1* RC Wave* stoplls :3,089 next week_Short bellow :3,062.55next week lower target >3,019>>2,949>>>2,905