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Monday, September 01, 2008

(1) Nifty Chart For 01/09/2008 ::


Nifty :: No doubt about up trend , exactly bounce beck from strong support zone, but still facing strong breakdown resistance at 4373 and after that next strong resistance zone between 4400 to 4435. Avoid buying at higher level. Momentum turn strong once again only above 4435 till then, Our strategy for 1st Sep. Sell at high (S.L 4435) buy on deep (S.L 4205).. First strong support at 4338(short term breakout level), below it next supports 4314/4260/4223/4205.. Resistance seems for up move at 4373/4384/4400/4427/4435/4480..

Posted by MY CHART at 9/01/2008 01:55:00 AM

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