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Tuesday, September 09, 2008

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


Nifty :: Given breakout of strong resistance 4485, and close slightly below it. Now for 9th Sep. 4485 works as momentum level, above 4485 momentum seems up , below 4485 momentum down. Still Nifty below red downward channel, and its works as strong resistance for up move. In this corrective up move avoid buying at higher level. Above 4485 our strategy for 9th Sep buy in deep sell at high.. Resistance for up move at 4485/4522/4558/4569/4624/4636.. Strong supports at 4420/4391/4387/4379..

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