Monday, August 18, 2008

Nifty Future for Week August 18-22 - Rakesh Chandra

Upwave (4-5) WUT3: 4,647;
Upwave (2-3) WUT2: 4,593;
Upwave (0-1) WUT1: 4,507;

Price is bullish above weekly pivot point 4,455 and bearish below weekly pivot point 4422.

Down wave (0-1) WLT1: 4,370;
Down wave (2-3) WLT2: 4,283;
Down wave (4-5) WLT3: 4,229.

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