Tipss Bse Nse - 12/06/2009

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Tipss Bse Nse - 11/06/2009

Forum for Elliot Wave Analysis and how to fix the target or

Forecast your buy or sell scripts. Short term and mid term

price momentum will be positive. Cluster of support and

resistance will project some volatile season on card.

Dont short in this tradersmarket

Error: Some typing mistake in TDL Trading resistance

as 4676-4786 instead of 4676-4686.[rectified on 12/06/2009 6 am]

Tipss Bse Nse - 10/06/2009 - Chart 1

How to use this chart and Table Cluster of resistance for

profit booking 4580, 4609 and 4636. Cluster of support

at 4520, 4509 and 4480. Every rise will be profit booking

Triple Top formation at 4646 will be the max for profit

booking breaches above this level will lead nifty towards

4740 and 4812.

Tipss Bse Nse - 09/06/2009 - Chart 1

World Market will lead nifty to positive zone upto 4514-4525.

In small caps profit booking drag nifty for 170+ points.

Todays rally will be used for rofit booking in longs.

Closing above 4550 is +ve.

Both side breakout will be possible today. All the indicators

are in overbought zone. Consolidation of market may expect

some movement after budget . Rangebound market with

consolidation.