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Friday, December 19, 2008

(1) Nifty Chart For 19/12/2008 ::


Nifty :: Mid term bullish momentum given buying opportunity in every decline.. As per our yesterday post 2917 works as strong support and once again momentum turns up from strong support zone and made almost double top near 3076.. Now momentum turns up only above 3076.. If break 3076 avoid buying at high may be we see short term top within one or two days and that’s why book profit at every rise.. Our strategy for 19th Dec below 3076 sell at high buy on deep (S.L 2882).. Resistance for up move at 3076/3106/ 3150/3214.. Supports at 2985/2917/2882/2825..

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