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Friday, January 04, 2008

(1) Nifty Chart For 04/01/2008



Nifty :: As we say please don’t short at lower level.. Once again Nifty move up from support level.. Still situation under control for bull.. All intra day indicator give negative divergence ..Daily chart ok but still too many hurdle for up move ..Caution at every up move.. Our strategy for 4th Jan.. Buy on deep and sell at high (At resistance)..Strong resistance for up move at 6260/6265/6274.. And resistance zone 6260 to 6313.. Support for down side at 6193/6157/( strong support and buying S.L) 6086/6060/6021… In Sensex 20113 and 20000 work as strong support and 20612 as strong resistance.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

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