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Tuesday, August 07, 2007

(1) Nifty Chart For 07/08/07



Nifty :.. Today Nifty take good support and turn up fast from lower level and forming some base pattern.. As per intra day chart seen upward divergence but daily chart looks still not good.. Relief really comes, but we advice our visitor please do not buy at higher level or resistance level and don’t stay overnight in your buying position.. .Technically still some down side left but we go with trend only.. ..Our strategy for 7th August Buy on deep sell at high.. Still to many hurdle for up move. . So again we advice caution at higher level.. Strong support for down side 4327/4309/4288.. Resistance for up move 4380/4412/4418/4457/4480…

Posted by MY CHART at 8/07/2007 02:52:00 AM

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