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Friday, November 02, 2007

(1) Nifty Chart For 02/11/07



Nifty : From last three days we say from here please don’t buy at higher level and finally today Nifty last candle Engulfing bear line occurred.. It’s sign of momentum shifting form bulls to bear.. Now watch first strong support 5815.. Once break this support next strong support 5745/5737/5698.. If hold above this support bounce beck may be possible.. And if break 5698.. Next target for Nifty 5424/5305/5225.. In Sensex strong Gap support at 19276 and next strong support 19075.. Resistance for up move 5920/5960/6025.. Trade with our Nifty cash buy sell level which are given above Nifty chart..( Please don’t buy at lower level first settle down market then buy with strictly S.L of support level)Our strategy for 2nd Nov. Sell at high and buy on deep..

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