(1) Nifty Chart & Levels For 10/02/2012 ::

Nifty :: An insider day breakout bullish candle with high volume.. Exactly close below important resistance level 5413/5436.. NSI slightly up but still in negative divergence.. All indicator are in extreme overbought zone from last one week.. Danger to buy and hold position at higher level in such kind of manipulated, global money driven rally.. Again we repeat as per last whole week, be careful at high..(up to 5322 momentum up).. In intraday treading wait for higher level resistance and use sell ONLY at high strategy near resistance with small and strictly stop-loss 5436/5449/5494.. Resistance for up move at 5436/5449/5470/5494.. Supports at 5386/5366/5353/5339/5322..

(1) Nifty Chart & Levels For 09/02/2012 ::

Nifty :: Thrusting Line bullish candle but an Insider day bar. NSI turn up but still in negative divergence.. All short term indicator turn down from overbought zone with negative divergence.. Still Global money extended, extreme, manipulation is on, stuck with levels and use titan small stop-loss in intraday treading. Watch an insider day breakout / breakdown 5413/5323.. As we say from last three day’s, as far as Nifty stay below 5413/5436 momentum seems side way down and use sell ONLY at high strategy in intraday treading with strictly S.L 5413 or maximum 5436… Resistance for up move at 5380/5396/5413/5436.. Supports at 5346/5323/5298/5275..

(1) Nifty Chart & Levels For 08/02/2012 ::

Nifty :: Our Monday posting, all levels and strategy exactly works for tow day’s treading.. Nifty made Up Side Two Crows bearish pattern with outsider day.. NSI turn down with negative divergence.. All indicator again turn down from overbought region.. Now as far as Nifty stay below 5413/5436 momentum seems side way’s down.. In intraday treading on 8^th Feb. use sell ONLY at high strategy near resistance with S.L 5413 or maximum stop-loss 5436.. Resistance for up move at 5363/5384/5413/5436.. Supports at 5322/5301/5285/5272…

(1) Nifty Chart & Levels For 06/02/2012 ::

Nifty :: Again Body Gap up bullish candle with slightly low volume compare of last day volume.. NSI again turn up from middle.. Bull-Bear Power indicator in buy mode.. All indicator are in extreme overbought region.. One by one Nifty break all important strong resistance smoothly, and close near our last week Elliott wave extreme target.. Overall momentum extreme bullish, but in such kind of extended overbought situation buying is danger.. Always the most extreme moves are done in overbought (or oversold) region … No one know exact short term top in such kind of situation, mean again we repeat be careful in buying at higher level.. Our strategy for intraday treading on 6^th Feb., if Nifty open gap up with international market support , then sell at high buy in deep, ONLY near resistance, with small and strictly stop loss.. Watch first resistance 5379/5383 and above it 5399/5435. If Nifty face resistance near 5379/5383 then sell S.L at 5399, and above it sell near last resistance with small and strictly S.L 5435...Do proper money management and use strictly nearby stop-loss in any sell.. Resistance for up move at 5350/5379/5383/5399/5435.. Supports at 5301/5285/5271/5255/5245..

(1) Nifty Chart & Levels For 03/02/2012 ::

Nifty :: Exactly face strong resistance near 5292 as per yesterday post and made, Body Gap Up, Long Legged Doji, bear candle with high volume.. NSI in down trend from top resistance.. All indicator are in extreme extended overbought zone.. Nifty continuous moving up without any healthy correction even in extended overbought situation, pure global money manipulation..No way to buy at high, use sell ONLY at high strategy near resistance in intraday treading with small and titan stop-loss 5292 .. Resistance for up move at 5292/5304/5326/5335.. Supports at 5250/5234/5225/5210..

(1) Nifty Chart & Levels For 02/02/2012 ::

Nifty :: White Lower Shadow bullish candle with high volume.. NSI exactly turn down from top resistance and in down trend, may be bounce possible but it may create negative divergence at high.. All indicator are in extended overbought zone.. As we say always go with trend, but in such kind of extended rally with gap up open, go with trend is not right decision. Risk reward ratio is too high at this level.. No other way if market open gap up with international market support, watch higher last three resistance and if Nifty face resistance at high then ONLY use sell at high strategy for small swing with strictly S.L 5292.. Resistance for up move at 5257/5273/5278/5292.. Supports at 5207/5197/5176/5156..