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Sunday, October 21, 2007

(1) Nifty Chart For 22/10/07




Nifty : After sharp up move Nifty and Sensex enter in an healthy short term correction.. Watch 5125/5098.. Once break this support next strong support 5076/5016.. May be sharp bounce beak from bottom.. Still we are in bull market so every deep give us buying opportunity.. Only aggressive player buy at bottom near 5016 with S.L 4900 and sell at high near 5400.. Now onwards short term bias turn weak.. Very difficult to cross new high at this Fno expire ..Strong resistance for up move at 5340/5376/5455/5517.. Supports for down side at 5162/5098/5074/5016/4961/4900.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

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