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Monday, July 30, 2007

(1) Nifty Chart For 30/07/07



Nifty : From last one week we say don’t stay overnight in your buying position.. And finally correction come with over heating.. All world market correct parallel.. First sign seen for short-term bearish market after breakout of our yellow upward channel.. Now watch our support blue line at 4420.. After that some more strong support comes on down side up to 4371.. Any time market bounce beck from this support zone. So we advice our visitor don’t short at lower level.. Short only at resistance level.. Below 4420 when market find support 4420 work as resistance..(Aggressive traders buy only after break out of resistance level till then wait and watch or put strictly S.L at 4371) For up move Nifty find strong resistance zone near 4500 to 4512.. Trade with our Nifty spot buy sell level…

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