Thursday, January 15, 2009

5th down wave pending on nifty hourly chart 15jan

let us go through nifty hourly chart a view based on elliot wave theory
all wave coutning has been proper mentioned
now 5th down has to is on card ..day range for 5h wave is as follows
daily rc wave level
NIFTY_F1* RC Wave* stoplls :2,826 next day_Short bellow :2,816.09next day lower target >2,800>>2,774>>>2,758
weekly rc wave level
NIFTY_F1* RC Wave* stoplls :2,831 next week_Short bellow :2,810.89next week lower target >2,778>>2,725>>>2,692