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Friday, November 07, 2008

(1) Nifty Chart For 07/11/2008 ::


Nifty :: We clearly indicate such kind of situation in our 5th post.. Yesterday Nifty exactly take our strong support and move up but unable to sustain at higher level and once again came near support level and hold above it.. Now for 7th Nov. 2860 works as important level below it momentum once again turn down sharply up to strong support 2775/2750..Below it next strong support at 2633.. Avoid selling at low or at support level. Still mid term bullish structure intact (up to 2450).. Sell only at high and buy on deep… resistance for up move at 2950/2971/3000/3120.. Supports 2860/2775/2750/2633/2450..

Posted by MY CHART at 11/07/2008 03:06:00 AM

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