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Monday, November 03, 2008

(1) Nifty Chart For 03/11/2008 ::


Nifty :: As we say in last Monday post Nifty bounce beck from extremely oversold level, no dough about shot term up move, Still Nifty in mid term corrective mode and Facing too may strong resistance near 3100 level, that’s why avoid buying at higher level. As per short term up move our strategy for 3rd Nov. buys on deep sell at high. Watch strong resistance for up move 3050/3060 & 3115/3135.. Supports at 2845/2760/2700/2670..

(As per Our CRB index post, CRB index bounce beck exactly from our support level $250, in coming week watch hard hitter metal stock carefully for short term up move)

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