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Thursday, December 18, 2008

(1) Nifty Chart For 18/12/2008 ::


Nifty :: We clearly indicate in our yesterday post that avoid buying at higher level.. In yesterday trade Nifty face strong resistance near first resistance zone and turn down sharply and break short term S.L in early trade.. For mid term investor we revise S.L 2882 with closing basis..(Still mid term momentum is up) Watch two strong support at down side 2917/2882 .. In one level above 2950 momentum seems up , below 2950 momentum down.. Our strategy for 18th Dec sell at high buy on deep (S.L 2882).. Resistance for up move at 3012/3055/3074/3106.. Supports 2717/2882/2864/2825..

Posted by MY CHART at 12/18/2008 09:15:00 AM

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