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Wednesday, December 17, 2008

(1) Nifty Chart For 17/12/2008 ::


Nifty :: As per yesterday post Nifty face strong resistance near 3023 and came down from higher level but mid term momentum up and that’s why buying seen at lower level..In final hour given decisively breakout with volume.. Now for 17th Dec. Nifty once again enter in short term selling zone if open near 3100.. For midterm investor put S.L for mid term buying below 2916 ..Watch first strong resistance zone between 3093 to 3109, And after that second strong resistance zone in between 3150 to 3184...Avoid buying near this two strong resistance zone.. Our strategy for 17th Dec. Buy in deep (S.L 3008) Sell at high.. Resistance for up move at 3080/3093/3109/3150/3184.. Supports 3008/2950/2930/2916..

Posted by MY CHART at 12/17/2008 09:01:00 AM

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