NIFTY FUTURES ELLIOT LEVELS FOR TRADING 07TH JAN2010

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	5266.25	5280.38
Wave 2	5280.38	5271.65
Wave 3	5271.65	5289.63
Wave 4	5289.63	5278.52
Wave 5	5278.52	5301.39

Wave-5 Expansion will continue till 5307.61

Corrective Wave Pattern

Wave Name	Construction	Termination
Wave -A	5303.25	5280.38
Wave- B	5280.38	5294.51
Wave- C	5294.51	5276.54

Wave-c Expansion will continue till 5271.65

Current Price is In the Impulsive Cycle . Impusive cycle will Fail if price fall to 5284.75

Buying is Advisable at 5280.38 with stoploss 5271.65 for Target 5301.39