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Sunday, May 27, 2007

(2) Nifty Chart For 28/05/07

NIFTY CHART



Nifty : Nifty exactly take support at our target and An Engulfing Bullish pattern occurs .Its prove that momentum may be shifting form the bears to the bulls. Now any thing wrong in this up move 4305 works as strong hurdle. Break of 4305 give Sensex New high in faster time. Till 4305 caution at upper level.. We draw divergence in oscillator (But still above our exception ) so we advice our visitor avoid buying at upper level. If u Get chance for buy in dip put strictly s.l (Nifty 4141 & Sensex 14100) and sell at higher level and wait for breakout then buy again.. We are in bull market so nothing to worry if you are long term player.. Strong support for down move at 4232/4206..Resistance for up move 4257/4284/4305… Trade with our Nifty buy sell level..

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