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Wednesday, May 14, 2008

(1) Nifty Chart For 14/05/2008 ::


Nifty :: At channel bottom support heavy volatility seen in Sensex and Nifty. Take support of channel bottom and turns up sharply and finally close in negative.(Once again momentum turn slightly negative at higher level) Now for 14th May.. Closely watch 4973 and 4949.. Our strategy below 4949 sell at high buy on dip.. And above 4973 buy on dip (S.L 4858) sell at high (S.L 5110)… Resistance for up move 4973/5020 to 5042/5060/5110.. Supports 4949/4914/4858..

Posted by MY CHART at 5/14/2008 07:10:00 AM

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