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Wednesday, June 25, 2008

(1) Nifty Chart For 25/06/2008 ::


Nifty :: As we say in yesterday post Nifty try to take support at bottom of channel trend but finally in last hour break support and turn down sharply and close exactly at support level.. Now for 25th Jun 4192 works as important level below 4192 momentum down above 4192 momentum up. Our strategy for 25th below 4192 sell at high buy on dip.. Above 4192 buy on dip sell at high.. Resistance for up move 4192/4260/4303/4333.. Supports at 4115/4086/4070/4002..

(Avoid shorting at lower level, all intraday indicator are in oversold region)

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