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Wednesday, August 06, 2008

(1) Nifty Chart For 06/08/2008 ::


Nifty :: After two days side way momentum Nifty break strong resistance and give upward breakout.Oil drop below 120.40 and give support to turn all world market in green. Refer our weekly post for target zone.. As we says from bottom mid term momentum still up.. But this rally are corrective rally only and that’s why avoid buying at higher level buy only in dip and sell at high.. Strong resistance zone start from 4624 to 4760.. Supports at 4490/4460/4418.. Resistance for up move at 4540/4594/4624/4725/4760..

( In Sensex ; watch strong resistance 15390)

Posted by MY CHART at 8/06/2008 01:36:00 AM

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