Sunday, June 1, 2008

Weekly Nifty Future for June 2-6 - Rakesh Chandra

The pivot, lower target and upper target are valid for current week only.

Upwave (4-5) WUT3: 4,957;
Upwave (2-3) WUT2: 4,929;
Upwave (0-1) WUT1: 4,884.

Price is bullish above weekly pivot point 4856.54.
Price is bearish below weekly pivot point 4,839.46.

Downwave (0-1) WLT1: 4,812;
Downwave (2-3) WLT2: 4,767;
Downwave (4-5) WLT3: 4,739.

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