NIFTY FUTURES ELLIOT LEVELS FOR TRADING 23RD DEC 09

Hi friends, giving elliot levels for you all, but these are not my recommendations, my levels are giving for paid members in paid blog :-

Impulsive Wave Pattern

Wave Name	Construction	Termination
Wave 1	4967.1	4979.63
Wave 2	4979.63	4971.89
Wave 3	4971.89	4987.83
Wave 4	4987.83	4977.98
Wave 5	4977.98	4998.25

Wave-5 Expansion will continue till 5003.77

Corrective Wave Pattern

Wave Name	Construction	Termination
Wave -A	4999.9	4979.63
Wave- B	4979.63	4992.16
Wave- C	4992.16	4976.23

Wave-c Expansion will continue till 4971.89

Current Price is In the Impulsive Cycle . Impusive cycle will Fail if price fall to 4983.5

Buying is Advisable at 4979.63 with stoploss 4971.89 for Target 4998.25