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Wednesday, January 30, 2008

(1) Nifty Chart For 30/01/2008 ::


Nifty :: Check our Nifty post for last four days we constantly saying 5350 to 5400 level as major resistance.. Whenever market reaches this point selling pressure comes and leads to correction. In one level, below 5379 momentum down and ,above 5400 momentum up. Our strategy for 30th Jan.. Sell at high (if Nifty traded below 5379) and buy on deep.. If market move up and break 5400 then we change our strategy as buy on deep sell at high. Supports for down move at 5225/5160/And last support 5142.. Resistance for up move at 5379/5402/5470/5525/5564/5630..

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