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Monday, November 05, 2007

(1) Nifty Chart For 05/11/07



Nifty : Nifty and Sensex both take support at our strong support zone and move up fast in last hour.. But still in daily and intra day chart all indicator give negative divergence . Last candle an engulfing bull candle.If 5th Nov. candle close below last candle may be this up move suggest last up move. Once Nifty break old high still too many strong resistance is there.. Once again we advice our visitor please avoid buying at upper level..Go with trend but book profit in intra day.. In one level above 5879 momentum up , Below 5879 momentum down.. Strong support for down move at 5879/5860/5720.. Strong resistance for up move at 6003/6012/6077/6128.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 11/05/2007 02:26:00 AM

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