ON 2^nd MARCH  WE HAVE POSTED OUR BEARISH VIEW ABOUT MARKET ( NIFTY ) , AND MENTIONED THAT WE WERE LOOKING FOR THE SPOT NIFTY LEVELS 5029 AND 5065 .

ON 04^th MARCH WE HAVE DECLARED  THAT IF SPOT WOULD HAVE ABLE TO GIVE TWODAYS CLOSED AT ABOVE 5029 AND SUSTAIN AT ABOVE 5065 THEN WE HAVE MITIGATE OUR BEARISH VIEW AND THEN NITY TARGET WE HAVE FIXED FOR 5236.50 .

AFTER THAT NIFTY SHOWED A INTRADAY HIGH OF 5269.95  ON 19^th MARCH 2010.

NOW WE ARE ATTACHED THREE CHARTS  WHICH ITSELF ENABLE TO SPEAK ABOUT THE FUTURE TREND OF NIFTY .

IF MONDAY SPOT WILL OPEN BELOW 5246.65 OR AFTER OPEN WILL NOT SUSTAIN AT ABOVE THIS LEVEL AND BREAK DOWN WITH VOLUME  BELOW THE LEVEL 5220.40 THEN WE WILL CONFERM ABOUT THE DOWN WAVE , WHICH WILL 1^st TAKE US TO THE LEVEL 5139.30 . WE WILL MITIGATE OUR VIEW ONLY IF NIFTY WILL GIVE TWO DAYS CLOSE AT ABOVE 5310.85.

AND ANY  MOVE BELOW 5049.20  MARKET WILL DIRECTLY HEADED TOWARDS  4982.80 & 4784.95 IN COMING DAYS.

MONDAY SOME RATE SESENSITIVE SECTORS (  SOME HIGH BITA STOCKS )

WILL SEE HEAVY SELLING ALSO THIS WILL HAPPEN FOR A SHORT PERIOD AFTERWARDS .

                        RESEARCH BY USING  ELLIOT WAVE AVE NATURES LAW

                        By The TEAM  WAY2PROFIT