Tuesday, May 4, 2010

nifty fut.

nifty 1hr. chart
nifty fut. daily
after break down from longer resitance line ( red) shows bearish in ahead and also indicating for 4th wave which is longer term wave , if C & 4th wave will complete near 4700 then u can see more uptrend pattern from this level ( 5700)
now the down trend pattern may be in 5 wave