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Sunday, January 06, 2008

(2) Nifty Chart For 07/01/2008



Nifty :: (Still situation under control for bull.. ) Our yesterday post..And Nifty and Sensex both turn up once again, up to strong resistance zone.. Still we say caution at every up move.. Daily chart given breakout but still intraday chart given negative divergence.. For 7th Jan. Our strategy, if market open too low buy at low with S.L 6190 and sell at resistance.. If market open high sell with S.L 6310 and buy on deep.. Watch one level 6274.. Above 6274 momentum up below 6274 momentum down.. Resistance for up move at 6310/6340/6355/6418.. Support for down side at 6232/6190/6101/6025.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

(Note :: watch Sensex chart for support level .. posted as no 1

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