Nifty Fu EOD Position - 3 different charts attached

 Chart - 1

This Chart I draw based on concept of Mr.Partha Pratim Ghosh Roy (http://www.nifty-lover.blogspot.com/). This is a absolutely miracle concept of trendline drawing. Nifty Major support was at 4800 and 4722. Yesterday Nifty took support from 4800 level. Resistance of this graph for Monday(30.11.09) at 4983 and major at 5072. I think, If Nifty Fu able to close below 4730-40 level for two consecutive days, it will run for next downward channel upto 4450-4500.

 

Chart - 2

This Gann Fan chart also showing Major Support area at 4730-50 level. I think, below this level (closing basis), Nifty may move more downside.

 

Chart - 3

Above 2 nos. of chart (of Chart-3) is showing Fibonacci last support at 4759 and below Support-Resistance chart is showing there are strong support area around 4730-4753.

Nifty Fu Premarket Intraday call for 27th Nov'09

Nifty Fu EOD Chart... Form Ascending Traingle

Last support of this rally stays at 5030 on closing basis. And Break-out will be confirm above 5168 on closing basis.. There is a strong support at 5060 too.

Nifty Fu Premarket Intraday call for 26th Nov'09

Nifty Fu made Double Top.... Shot below 5120...

If Nifty Fu able to cross High-5135, will go for 2nd tgt... / Short at 5120 with SL 5127

Sell Bank Nifty at 9300 with SL 9320

Go long with SL 5107

EOD Chart of Dow.... What next??

Here is intraday chart of Dow Jones.. Its already running with Over Bought condition. Will it be able to go for Breakout or turn Down ???

Nifty Fu Premarket Intraday call for 25th Nov'09

Nifty Fu Premarket Intraday call for 24th Nov'09

Nifty Fu Premarket Intraday call for 23rd Nov'09