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Sunday, January 20, 2008

(1) Nifty Chart For 21/01/2008 ::


Nifty :: As we say from last 15 days short term correction start sharply. One by one Nifty break all Support .. All short term and intra day indicator at oversold zone.. Now no shorting at lower level.. May be sharp bounce beck possible from support level.. Our strategy same as from last 15 day’s.. Sell at high ( At resistance) buy on deep (At support) on 21st Jan.. Strong support for down side at 5632/5626/ 5583/ Strong support zone 5578 to 5505 /5468 .. Resistance for up move at 5765/5800/5825/5850.. Momentum turn up only above 5800and turn strong only above 5850 for short term..

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