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Wednesday, January 28, 2009

(1) Nifty Chart For 28/01/2009 ::


Nifty :: Nifty and Sensex both turns up from strong support zone.. No dough about up move but still strong hurdle at higher level.. As per chart we try to draw expanding triangle target zone but for this target not to be easily achievable.. Remember Nifty is in side way corrective up move that’s why every rise face selling pressure at higher level .. Watch strong resistance 2828/2846..As far as stay above 2710 our strategy for 28th Jan Buy on deep (S.L 2685) sell at high.. Resistance for up move at 2790/2828/2846/2868 /2900.. Supports at 2744/2710/2685..

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