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Thursday, April 17, 2008

(1) Nifty Chart For 17/04/2008 ::


Nifty :: Today Nifty face strong resistance at downward channel top.. And give too many bearish candle signal.. But due to some bullish pattern in daily chart as inverted H&S and bullish Wolfe wave.. Our strategy for 17th April.. Buy on dip only above 4907 sell at high.(S.L 5034) . Still too many hurdle at higher level.. Please don’t buy at higher level..Strong up move start only above 5034 and in Sensex watch two strong hurdle at 16710 and 16790.. Resistance for up move at 4907/4968/4985/5018/5034.. Supports at 4824/4800/4740/4722..

Posted by MY CHART at 4/17/2008 02:01:00 AM

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