Sunday, July 19, 2009

Double Top Kind of Formation

A 5 wave structure is formed and a new high over 4700 is to complete this. If it cross over 4700 next high will be 5175. A Bullish Flag is forming in weekly charts. So trade carefully.
For 20-07-2009
Pivot Point is 4332
Resistance=4434,4492,4592
Support=4273,4172,4113

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