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Thursday, July 12, 2007

(1) Nifty Chart For 12/07/07

NIFTY CHART

Nifty : Nifty and Sensex both find strong channel support today. May be some bounce beck possible on 12th July.. In one level above 4388 momentum up below 4488 momentum down. Below 4407 sideway momentum excepting.. After break of 4407 once again momentum turn slightly positive.. New upward momentum seen only above 4454 (Big resistance zone between 4427 to 4454) till then sell at every resistance and buy in deep (Both side put strictly stop loss 4454/4355).. Resistance for up move at 4407/4423/4427/4450/4454.. Supports for down move at 4382/4366/and strong support 4355.. Trade with our Nifty spot buy sell level…

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