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Wednesday, July 11, 2007

(2) Nifty Chart For 11/07/07

NIFTY CHART

Nifty : As we say from last two days caution at higher level.. Today Nifty and Sensex both correct from top.. For 11th July Strong support are very near 4385. Break this support once again momentum turn down for short term. One more strong support at down side at 4342.. If hold above this support till some hope for bulls. We advice don’t short at lower level once market move up then short (or short at resistance level). All support work as strong resistance for up move 4403/4385…. Nifty face resistance for up move at 4410/4418/4434/4441.. Supports for down side at 4393/4385/4342… Trade with our Nifty spot buy sell level

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