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Thursday, October 25, 2007

(1) Nifty chart For 25/10/07



Nifty : As we draw Strong resistance between 5570 to 5606.. Nifty touch this resistance zone and come down sharply and find support at strong support zone between 5450 to 5406. At last today’s candle give slightly positive sign and give some hope for bulls.. May be rollover close smoothly on last day of expire.. Watch 5540.. Below 5540 momentum down above 5540 momentum up.. Supports for down side at 5480/5450/And strong support and S.L for buying at 5387...Resistance for up move 5540/5582/5605/5667… Still Nifty traded below 5606.. Caution at every up move.. Our strategy for 25th Oct. Sell at high till 5606.. And buy at deep.. Trade with our Nifty cash buy sell level which are given above Nifty chart

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