DOW closed -1% -127, BUT DOW WAS CLOSED ON MODAY, IN THAT MEANTIME WHOLE WORLD ECONOMY HAS MELTED DOWN TO 15% TO OUR ECONOMY 25%, SO DOW -127 POINTS IS NOTHING ALARMING.(1) Nifty Chart For 23/01/2008 ::
Nifty :: Unaccepted major down fall once again, due to margin funding .. Today Nifty and Sensex both enter once again in breakout channel and hold channel bottom support.. Caution at every up move.. Momentum up only above 5154.. Nifty and Sensex intra day chart given positive divergence.. Our strategy for 23rd Jan buy on deep sell at high.. Still to many strong hurdle for up move.. Resistance for up move at 4977/5096/5140/5353/5565.. Supports zone at 5882 to 5750 and strong support 4487....
for all other people calls please trade at your own risk