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Thursday, January 24, 2008

(1) Nifty Chart For 24/01/2008 ::


Nifty :: As we say on yesterday post break out above 5150 Nifty move up sharply.. And Nifty close above breakout level 5150.. Now 5150 work as major support for up move.. Still our strategy intact buy on deep (with S.L 5150) and sell at high (at resistance).. Caution at every up move,, momentum up, up to Sensex level 18740 to 18940.. This two level work as strong resistance for up move.. In Nifty resistance for up move at 5350/5400/5440/ and strong resistance 5568 /5628.. Supports for down side at 5150/5070/4965/ and support zone 4880 to 4750…

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