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Monday, September 08, 2008

(1) Nifty Chart For 08/09/2008 ::


Nifty :: Close above our first strong support 4345,Still above short term strong support zone, and above breakout level. All A group and B group shares may be finish there corrective 5th leg, But still major trend is in downward long channel . That’s why we see side way momentum with positive bias in indices.. We advise please book profit fast in such kind of uncertain market and Avoid buying at higher level or buy with strictly stop loss.. Momentum turn strong once again only above 4494/4522 till then our strategy for 8th Sep. below 4494 sell at high (S.L 4494) buy on dip (S.L 4284).. Watch strong supports at 4325/4284/4214.. Resistance for up move 4375/4388/4420/4494/4522..

Posted by MY CHART at 9/08/2008 12:21:00 AM

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