NIFTY FUTURES ELLIOT LEVELS FOR TRADING 30TH 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	5175	5194.02
Wave 2	5194.02	5182.26
Wave 3	5182.26	5206.46
Wave 4	5206.46	5191.51
Wave 5	5191.51	5222.29

Wave-5 Expansion will continue till 5230.66

Corrective Wave Pattern

Wave Name	Construction	Termination
Wave -A	5224.8	5194.02
Wave- B	5194.02	5213.04
Wave- C	5213.04	5188.85

Wave-c Expansion will continue till 5182.27

Current Price is In the Corrective Cycle.Currective cycle will Fail if price rise to 5199.9

Selling is Advisable at 5213.04 with stoploss 5224.8 for Target 5188.85