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Thursday, March 13, 2008

(1) Nifty Chart For 13/03/2008 ::


Nifty :: And today Nifty made Doji Star + A Long upper shadow pattern.. This is typical bearish signal .. But still daily chart and intraday chart give positive divergence for up move.. Avoid shorting at lower level.. Safe short only below 4770.. Till then our strategy for 13th Mar. buy on dip (S.L 4770) sell at high (4880).. In one level below 4958 momentum down,above 4980 momentum up.. Supports at 4864/4820/4770/4620/4580.. Resistance 4920/4958/4980/5055/5077/5110..

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