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Monday, August 20, 2007

(2) Nifty Chart For 20/08/07



Nifty : After last two days sharp fall Nifty bounce beck from lower level.. Sensex also reach below our target level and close above it… Last candle pattern A Falling Window occurred an bearish pattern.. Still nothing strong in technical..We see just relief really..(Buying or short covering at over sold zone) Please avoid buying at higher level. Still too many hurdles at upper side…(please put strictly S.L in your buying position and go with trand) .. Resistance for up move at 4166 to 4171/4203/4218 to 4245/4264.. Supports for down move at 4095/4056/4016 … Trade with our Nifty cash buy sell level which are given above Nifty chart….

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