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Thursday, January 03, 2008

(2) Nifty Chart For 03/01/2008


Nifty :: After sharp deep Nifty and Sensex both take good support and both made New high… After new high still intraday chart give negative divergence and daily chart at strong resistance.. Our strategy for 3rd Jan. Sell at high and buy on deep.. If market open too low please don’t short at support level..Sell at resistance and buy on deep.. Still strong support at down side 6063/6021.. Close below 6021 (and in Sensex 20,000) once again momentum turn week..Till then stuck with our strategy. Resistance for up move 6190/6230/6260.. And once break support that support also work as strong resistance for up move.. Supports for down side at 6166/6100/6063/6013/5980.. Trade with our Nifty cash buy sell level which are given above Nifty chart

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