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Tuesday, July 10, 2007

(1) Nifty Chart For 10/07/07

NIFTY CHART


Nifty: Once again we say Nifty and Sensex both at overbought Zone…In every rise please put strict stop loss in your buying position. We draw in Nifty chart strong resistance zone at 4427 to 4454… Once Nifty Close above 4454 move sharply up to 4500/4550… Till then caution at upper level still nothing to worry in daily chart. (So don’t short sell without confirmation). Nifty face strong resistance at 4443... Resistance for up move at 4427/4432/4443/4454..Find strong support for down side at 4406/4403/4396/4386..Strategy for 10 July Buy at dip sell at high till 4403 intact… Trade with our Nifty Spot buy sell level…

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