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Wednesday, September 12, 2007

(1) Nifty Chart For 12/09/07



Nifty : Still no clear trend.. In intra day chart give negative divergence and daily chart looks still good.. Last 4 days we see up and down moment without any direction.. Today again engulfing bear candle occurred..!!. A bearish sign..!! We advice our visitor once again trade only after break out .. For up move break out at 4539 and for down move break out at 4460. (In Sensex break out for up move 15690 and for down move 15420). Watch 4521. Below 4521 momentum down, and above 4539 momentum up. Close only above 4550 will give some hope for bulls.. Resistance for up move at 4521/4534/4539.. Supports for down side at 4480/4460.. Trade with our Nifty cash buy sell level which are given above Nifty chart…

Posted by MY CHART at 9/12/2007 01:40:00 AM

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