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Wednesday, April 01, 2009

(1) Nifty Chart For 01/04/2009 ::


Nifty :: After an Engulfing bearish candle pattern Nifty hold yesterday low 2962..And made almost double bottom near 2962.. Now 2962 works as strong support..In Nifty watch strong resistance 3084 & in Sensex watch resistance 9913.. In one level above 2998 momentum seems up, below 2998 momentum down.. Our strategy for 1st April up to 3084 sell at high (S.L 3125) buy on deep (S.L 2962).. Above 3084 avoid sell at high first watch next two strong resistance 3100/3125 then sell .. Resistance for up move at 3055/3084/3100/ 3125.. Supports at 2998/2962/2900/2880…

Posted by MY CHART at 4/01/2009 02:17:00 AM

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