P&F or Wave theory are big lessons to learn and then put them in to practices and understand would take long time, it is difficult to explain in one go. Some one come up with ( BSE P&F chart and he is confused BSE Index value(17400) is higher than NIFTY (5300) have to change 3box reversal to 5box to get proper result ) and that was auto generated have less value to our real trading, henceforth i don't want to confuse with all these stuff let me stick to Pivot that is simple to fallow.
20-03-12 SPOT NIFTY RES/SUP
R3-5349 R2-5318 R1-5298 PIVOT-5278 S1-5242 S2-5216 S3-5196