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Thursday, June 14, 2007

(1) Nifty Chart For 14/06/07


NIFTY CHART

Nifty : In Daily chart all indicator still give bearish signal but found divergence for up move in intra day chart.. Looks double bottom in Nifty chart at 4100 and now its work as strong support.. And our strategy for 14th Jun buy on deep and sell at high.. Up to 4262 we thing for sell only safe trader watch 4208. Above 4208 some hope develop for bulls till then we go for sell at every high..(We are in Bull market so only aggressive traders do this with strictly S.L) Strong support for down move at 4100/4090 /4085… And face resistance for up move at 4145/4156/4167 and strong resistance 4208.. Trade with our Nifty spot buy sell level.. Magenta color work as strong support and resistance..


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