nifty future daily report 08 august

once agian our view going in correct way..what we have expessed in weekly reprt- "I agree with Sainik that there is light ahead of the tunnel, but I would like to add some more. We have indeed some more tunnel ahead and it is possible that the light could go off any time" more .This bull rally has many resistances on the upper side between 4600 and 4800, so we will see strong rise one day and sudden fall and consolidation, the next day. The market looks good on the EOD charts, but on the weekly I anticipate some problems.http://bhoomitrader.blogspot.com/2008/08/nifty-future-weekly-for-august-4-8.html global clue suggests light dark off..today gapdown nfity future intrady bullish level above 4541 and bearish below 4525 lower side weeky level 4459> 4418 level is buing point for day.or short covering.from there for intraday purpose

crudeoil 4-8 august-weekly report

WEEKLY UT1 : --128
++++(125.64) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(124.46) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WEEKLY LT1 : ---123
WEEKLY LT2 : ---119/121
WEEKLY LT3 : ---117

dojones (4-8 aust) weekly report

on eod bassi dow on non trending zone today is crucila day for breka either side..eithr side movemnt will strneght in that direction
PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY UPWAVE(4-5) WUT3 : --11,764
UPWAVE(2-3) WUT2 : --11,646
UPWAVE(0-1) WUT1: --11,456
WUT= WEEKLY UPER TARGET
++++(11,338.30) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(11,265.70) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---11,148
DOWN WAVE(2-3) WLT2 : : ---10,958
DOWN WAVE(4-5) WLT3 : ---10,840

gold 4-8 august -weekly reprt

on eod bais gold hard to sustain upside
UPWAVE(4-5) WUT3 : --945
UPWAVE(2-3) WUT2 : --936
UPWAVE(0-1) WUT1: --921
WUT= WEEKLY UPER TARGET
++++(911.77) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(906.03) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---897
DOWN WAVE(2-3) WLT2 : : ---882
DOWN WAVE(4-5) WLT3 : ---872

nifty future 4-8 august weely report

there is light of hope of bull...but this hope so many resentece uperside level..on eod basis markt look ok but at weekly basis chart there is some problmem..price momentam continue from last 3weks..usualy after 3 fig pateern price decling is seen..let the decide makrt .in which directin camel sits.for trading point of view.we will long only above bullihs level.. decling upto wekly lower side is buying upertunity..
UPWAVE(4-5) WUT3 : --4,697
UPWAVE(2-3) WUT2 : --4,631
UPWAVE(0-1) WUT1: --4,525
WUT= WEEKLY UPER TARGET
++++(4,459.29) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(4,418.71) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---4,353
DOWN WAVE(2-3) WLT2 : : ---4,247
DOWN WAVE(4-5) WLT3 : ---4,181