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Friday, December 28, 2007

(1) Nifty Chart For 28/12/07



Nifty :; As we say on yesterday post(Avoid buying at higher level..) .. Nifty and Sensex both correct form strong resistance zone and due to Fno expire close minor positive.. Now in intraday chart negative divergence seen clearly.. In daily chart Nifty forming A Spinning top can be sing that price are loosing momentum and the bulls may be in trouble..Below 6071 momentum once again turn down.. Our strategy for 28th Dec. Sell at high and buy on deep.. Still strong support at down side.. If market open too low please avoid short ..Short at corrective up move and buy at support.. Strong support 5995/5962/and breakout point 5913…Resistance for up move at 6108/6131/6136/6142.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 12/28/2007 02:44:00 AM

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