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Wednesday, August 22, 2007

(1) Nifty Chart For 22/08/07



Nifty : As our yesterday post first resistance(4242) work as big hurdle for up move and give unexpected down fall..Todays Engulfing bearish pattern occurs during down trend and give some hope for bulls.. May be (not conform) this one last engulfing bottom. To many support on down side. First support comes at 4061/4044/Support zone between 4019 to 3965/ one strong supp at 3972/ and last strong support 3912…Any time Nifty bounce beck from support level.. We advice our visitor please don’t short at lower level.. In one level above 4089 momentum up below 4089 momentum down.. Resistance for up move at 4089/4133/4172/And strong resistance 4201… Trade with our Nifty cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 8/22/2007 04:23:00 AM

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