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Tuesday, March 11, 2008

(1) Nifty Chart for 11/03/2008 ::


Nifty :: Today Nifty and Sensex both sharply move up form strong support zone.. And made Long lower shadow candle pattern a bullish signal generated.. But still unable to cross strong resistance near 4800.. Close exactly on it. Still strong resistance at upper side 4860/4880 and next resistance at 4936/4950/4976/5050.. Supports at 4725/4710/4670/4568/4544/4425.. Our strategy for 11th Mar. buy on dip sell at high.. Please don’t short at lower level Still Nifty intraday and daily chart in highly oversold zone and give positive divergence..

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