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Friday, October 12, 2007

(1) Nifty Chart For 12/10/07



Nifty : Today Nifty break strong channel resistance.. One more day for big up move..Still below this week strong hurdle 5525.(In Sensex strong hurdle for up move at 18882). Check out this hurdle for next up move next week this hurdle at 5551.. Below it any time momentum turn weak.. Avoid buying at upper level.. All indicator in daily and intra day chart start to make small negative divergence.. Watch one level, above 5533 momentum up ..Below 5520 momentum down.. Supports for down move at 5520/5490/5450/5425.. Below 5425 exit in all long position.. Resistance for up move 5533/5558/5600/5611/5666.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 10/12/2007 03:22:00 AM

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