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Wednesday, February 04, 2009

(1) Nifty Chart For 04/02/2009 ::


Nifty :: We clearly told in yesterday post that mid term momentum is still up and Nifty recover from lower level.. Still multiple top resistances is there with Inverted H &S bullish pattern.. Watch valid Inverted H&S breakout at 2885.. Required to close above 2885 given more strength for up move.. Till then our strategy for 4th Feb buy on deep (S.L 2745) sell at high (S.L 2885). In one level above 2790 momentum seems up below 2790 momentum down.. Resistance for up move at 2825/2840/2858/2880/2885.. Supports at 2745/2716/26862672/2660..

Posted by MY CHART at 2/04/2009 09:04:00 AM

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