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Tuesday, August 05, 2008

(1) Nifty Chart For 05/08/2008 ::


Nifty :: As we say in our yesterday post 4445 work as strong resistance and Nifty unable to cross this level.. Now for 5th Aug. watch breakout level and strong resistance at 4432/4449.. Mid term momentum is still up.. Any corrective down move give us buying opportunity.. Our strategy for 5th Aug. up to 4450 sell at high (S.L 4450) Buy on dip (S.L 4286) above 4450 change strategy as buy on dip (S.L 4360) Sell at high (S.L 4540).. Resistance for up move at 4432/4449/4496/4540/4620.. Supports at 4377/4360/4309/4286..

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