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Friday, September 12, 2008

(1) Nifty Chart For 12/09/2008 ::


Nifty :: In first trade once 4353 broke Nifty easily break strong support 4325 and move down sharply.. Very close to our Side way, up ward, channel bottom, which we plotted from last week constantly.. Support of channel bottom at 4222.. Up to 4222 three more strong support in line.. 4282/4272/4258 and last support 4222.. Any deep give us buying opportunity in such kind of side way momentum with S.L 4159.. Our strategy for 12th Sep. Buy on deep (S.L 4160) Sell at high.. Resistance for up move at 4328/4340/4380/4390/4407.. Support at 4272/4258/4222/4202.
(Momentum once again turns strong above 4407 till then book profit in every rise..)

Posted by MY CHART at 9/12/2008 02:02:00 AM

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