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Friday, April 13, 2007

(1) Nifty Chart For 13/04/07


Nifty: Yesterday we told if Nifty holds above 3802 nothing to worry for bull and as our expectation market bounced back from lower level...

For, 13th April if it holds above breakout level 3792 some hope alive for bulls. (Look at chart we have drawn RSI in RED which is at exact support and both oscillators turn up). We advice all please don’t short at lower level rather buy on every dip and sell at any highs you get from here...

Strong support for nifty for down move at 3809/3802/3792...And Nifty face strong resistance for up move near 3872 to 3876 and second one at 3900. Trade with our nifty buy sell level and for FNO stocks please use our stockspivotal site...http://stockspivotal.blogspot.com

We are not giving any buy and sell recommendations as there are many recommendation with both BUY and SELL calls but since a lot depends on Infosys results and market being so volatile we do not want any body to be trapped. We may post calls around 10.30-11 am after Infosys results.

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