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Tuesday, November 18, 2008

(1) Nifty Chart For 18/11/2008 ::


Nifty :: After first hour correction at least 2 hour Nifty try to make support near strong support zone 2700 and finally in last hour made Long lower Shadow High Wave bullish candle pattern …For 18th Nov. Watch two strong support at lower level 2732/2695.. Below it next support 2633 (In Sensex Watch two strong support 8928 & 8760).. Still Nifty and Sensex both are in mid term corrective upward momentum. For short term momentum in one level hold above 2732 momentum seems up , below 2695 momentum down.. Avoid shorting at low.. Our strategy for 18th Nov, up to 2732 buy on deep sell at high, Below 2695 sell at high buy on deep.. Resistance for up move at 2866/2900/2975/3019/3053.. Supports at 2732/2695/2633/2610/2551/2500/2450..

Posted by MY CHART at 11/18/2008 07:33:00 AM

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