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Friday, January 30, 2009

(1) Nifty Chart For 30/01/2009 ::


Nifty :: As per our yesterday post upward momentum required correction for more strength and it is.. Nifty face strong resistance before 2900 and correct sharply below 2800. In last momentum temporary recovery seems. Still short term momentum down but avoid shorting near low still strong support at down side 2765/2756 & 2676.. If Nifty move down sharply our strategy for 30th Jan buy on deep (S.L 2676) sell at high. If open flat thane sell at high(at resistance) buy on deep. In one level above 2825 momentum seems up, below 2825 momentum down.. Resistance for up move at 2874/2882/2892/2900.. Supports 2814/2794/2765/2756/2676

Posted by MY CHART at 1/30/2009 08:54:00 AM

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