03 July 2013

NSEI H&S /AB=CD/BULLISH CRAB

 NSEI(NIFTY HOUR CHART)  STILL IN BUY MODE,
ALSO OUR 5MIN CHART IN BUY SIGNAL, SO WE BOUGHT NIFTY WITH HOUR STOPLOSS 5748.38, LAST 4 HOUR HIGHER LOW,
,
 POINTS TO WATCH :HOUR 200 MA 5760 , 
NIFTY FUTURE DISCOUNT RATE IS EQUAL SPOT RATE
IN 5MIN CHART  AB=CD  BULLISH PATTERN ,
ALSO BULLISH CRAB PATTERN
IN HOUR CHART CD=AB PATTERN(REVERSE H&S FORMATION
CD=5811-5591, NOW BOUNCH BACK FROM 5632-5904
BTST IN 15MIN CHART, 
ELLIOTWAVE SUPPORT 5773.8, NIFTY CLOSE 5770.9, FMA4-5767/FMA8 5760(SIGNAL BUY)
SAR 5762 IN 15MIN, MINOR SUPPORT 5763.65

TOMMOROW  BELOW 5748 SELL ABOVE  5782.90 BUY TGT 5912/5927



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