Tuesday, April 6, 2010

nifty,dlf,ster

nifty
still it is not sure that nifty is in ABC or 12345 wave pattern. but according to chart C/3 wave should be near 5370-90 level .
reliance
the trangle pattern and 5th wave indicates strong resitance near 1135-40 level , so according to chart it will go down from this level.
STER
before i thought ster should be in ABC pattern but after rise from 4th wave level indicates for 5th wave near 870-74
DLF
as i told before Cwave should be near 340 after completed A,B wave. but from this level (327-29) we may see some downtrend to 320 level then it will go upward