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Friday, August 31, 2007

(1) Nifty Chart For 31/08/07



Nifty : On settlement day Nifty exhibit extraordinary strength.( And September future huge discount..!!). Daily chart also looks good.. But Nifty today face strong hurdle near 4400/4425.. And for 31st August also this level works as strong hurdle.. Caution at higher level. Once again we repeat Nifty at strong resistance zone avoid buying at upper level..Sensex also reach our triple combination triangle break out target today ..which we mention our earlier Sensex post.. Resistance for up move 4431/4448/4476.. Supports for down side at 4385/4354/4307/4286.. In one level below 4385 momentum weak above 4385 momentum up.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 8/31/2007 03:28:00 AM

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