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Tuesday, February 19, 2008

(1) Nifty Chart For 19/02/2008 ::


Nifty :: As we say on Friday Sensex post that Sensex face first strong resistance between 18250 to 18680.. And today’s Sensex high 18256.... Still 18250 to 18680 works as strong resistance .. In Nifty chart A Spinning top occurred.. During a new high a spinning top can be sign that price are loosing momentum and the bulls may be in trouble.. Our strategy for 19th Feb.. Sell at high (S.L 5478) buy on dip (S.L 5133) .Below 5345 momentum down, above 5380 momentum up. Resistance for up move at 5345/5380/5400/5478.. Supports at 5268/5208/5180/5133..

Posted by MY CHART at 2/19/2008 01:00:00 AM

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