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Sunday, December 23, 2007

(2) Nifty chart For 24/12/07



Nifty: An insider bar with low volume & with upward momentum seen in last day in Nifty Chart. As far as Nifty stays above 5690 short term momentum seems up. Our strategy would be buying on dip & sell at high for 24th Dec with strictly S.L 5690. In one level above 5747 momentum up but below 5747 momentum seems down. Supports for down side may come at 5747/5690/5671. Resistance for up move may come at 5773/5800/5809/5849/5870/5922. Once break 5809 max up move for this swing up to 5930/5990. Trade with our nifty cash buy sell level which are given above Nifty chart

Posted by MY CHART at 12/23/2007 08:00:00 PM

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