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Tuesday, August 12, 2008

(1) Nifty Chart For 12/08/2008 ::


Nifty :: And in last hour Nifty break strong resistance 4615 and close above it.. Still Nifty is in rising channel, no doubt about up trend. Nifty close near strong resistance zone.. Watch first resistance zone near 4650 and second near 4700/4725.. Strong support at 4594/4555.. Avoid buying at higher level. Our strategy for 12th Aug. above 4594 buy on dip (S.L 4555) sell at high(S.L 4725).. Resistance for up move at 4649/4700/4725/4768.. Supports 4594/4555/4533/4498/4470…

Posted by MY CHART at 8/12/2008 01:29:00 AM

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