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Wednesday, March 19, 2008

(1) Nifty chart For 19/03/2008 ::


Nifty :: We change our strategy from last two days (buy on dip sell and high) bcoz of all daily and intraday chart given positive divergence for up move.. And today Nifty made A Bullish Harami candle pattern.. During down trend this pattern implies an end to the decline..Today Nifty daily bar chart almost made double bottom and turns up.. Now Nifty face strong hurdle only near 4825/4900/5055/5085.. Please don’t buy at strong resistance till then our Strategy same Buy on dip sell at high.... Supports at 4490/4455/4425.. Resistance 4562/4618/4634/4718/4825/4900/5019/5055/5085..

Posted by MY CHART at 3/19/2008 02:56:00 AM

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