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Friday, February 20, 2009

(1) Nifty Chart For 20/02/2009 ::


Nifty :: An insider day with low volume.. Awaiting break out or break down.. For 20th Feb closely watch 2745/2730/2707 below it next and last support 2661.. For up swing required to break 2806.. Dow Jones exactly close near last Nov low. If it breaks last low then sentiment turn bearish for all world market. Wait for up or down breakout then trade.. In between our strategy for 20th Feb up to 2730 buy on deep (With strictly S.L 2707 as closing basis) sell at high (S.L 2825).. Resistance for up move at 2795/20806/ 2825/2838/2880.. Supports at 2745/2730/2707/2668/2661..

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