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Tuesday, December 18, 2007

(1) Nifty Chart For 18/12/07



Nifty: As we said finally Nifty correct heavily from top. Our advice for 18th Dec. please don’t short at lower level if market opens too low, ( Any time corrective bounce back may be possible at lower level so avoid shorting at support level. Once break support then short till then wait and watch). Check Sensex strong support 19067/18981…And Nifty strong supp 5696/5652…IF Nifty break 5757 Next target for Nifty at 5696/5652…Below 5652 Next Strong support far away at 5500.. Our strategy for 18th Dec. Sell at high and buy on dip (At support)… Resistance for up move 5800/5865/5940… Trade with our Nifty cash buy/sell level which are given in above Nifty chart.

Posted by MY CHART at 12/18/2007 02:37:00 AM

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