Sunday, December 21, 2008

NIFTY_F1 near on resintence area [22-226 DEC]



Here is nifty_f1 weekly chart
In last week report it as been mentioned 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

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NTPC Inner dip possibility [22-26DEC]


Here NTPC daily chart
we r progressiong towards 2-3rd up wave
inermedited time frame 185-190 is resistence zone
decline is only inner dip AB down wave then C up wave on card
NTPC.NS* RC Wave* stoplls:180 next week_Buy above :183.26next week up target>188>>196>>>201
NTPC.NS* RC Wave* stoplls :183 next week_Short bellow :180.24
next week lower target >175>>167>>>163

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