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Monday, December 22, 2008

(1) Nifty Chart For 22/12/2008 ::


Nifty :: A Spinning top candle pattern occurred ,Its sign that prices are loosing momentum and bulls may be in trouble... Watch strong resistance zone 3140 to 3160 and above it next strong resistance 3210.. Avoid buying at high Now onwards give long commitment only above 3250 ..And put short term buying S.L at 2986.. Conformation of short term correction below 2920.. Till then our strategy for 22nd Dec Sell at high (at resistance with S.L 3210) buy on deep (S.L 2986).. Resistance for up move at 3110/3140/3150/3160/3210.. Supports at 3038/3020/2986..

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