17 Aug, Chart knows that the News is coming !

GAP RESISTANCE[5200] Still maintained, it reveals how bearish the Nifty has been !
Heading towards 4800 or 4500 ?
Donot believe in News Just believe in Technicals!
Why to Look for WorldMarkets,  when
Chart knows Everything that the news is coming!

Positional SAR [Stop and reverse] 5225. Exit Short & Go long above 5225.

Short triggered from 5610[26 July2011] Todays close 5028 +582 Points 

Cumulative profit from Starting [24June2011] 344+582=+926  Points.

NiftyFuture[5028]

Resistance

5100

Support

4955

HappyTrading

KBC Plan:
CumulativeProfit so far
96[July]+344[Aug]=440 Points
Openposition
5700Call[32]
4800Puts 2 [89,25]