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Friday, February 22, 2008

(1) Nifty Chart For 22/02/2008 ::


Nifty :: Once again an insider bar with low volume ..Today Nifty made almost double bottom near 5116.. Now for 22nd Feb 5116 work as strong support watch care fully 5116.. Once break 5116 Momentum turn down sharply up to next channel and triangle support 5021/5006.. Strong resistance for up move at 5215.. Momentum turn up only above 5215.. Till then our strategy for 22nd Feb . Sell at high (With S.L 5320) and buy on deep (S.L 5006).. Supports at 5155/5123/5116/5021/5006.. Resistance for up move at 5215/5258/5320..

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