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Thursday, September 11, 2008

(1) Nifty Chart For 11/09/2008 ::


Nifty :: Two bar reversal pattern still Nifty made an insider bar.. As per yesterday post 4558 (high) – 4358 (low) of 8th Sep. works as an important level any side break out given major up or down swing.. Now for 11th Sep. 4430 works as trend decider. Above 4430 momentum seems up, below 4392 momentum seems down.. Watch strong support 4325/4220.. Our strategy for 11th Sep. up to 4325 Buy on deep sell at high (S.L 4467).. Resistance for up move at 4430/4437/4467/4497/4541.. Supports at 4392/4358/4345/ 4325/4220..

(Gold and Silver break an important support and turn down sharply ,But Oil still above strong support $ 99/ $100 )

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