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Thursday, April 09, 2009

(1) Nifty Chart For 09/04/2009 ::


Nifty :: Exactly bounce beck from strong support 3150 and move up sharply.. Still mid term momentum up but avoid buying at high.. Nifty enter in strong resistance zone with extreme over bought level.. Nifty move up 30% from bottom (2540), without any correction. Nifty is in corrective up move only and that’s why be careful at every high.. Watch strong resistance 3388/3400 & above it next strong resistance zone 3478 to 3540.... Our strategy for 9th April up to 2450 sell at high (S.L 3450) buy on deep (S.L 3278).. Resistance for up move at 3088/3400/3410/3450.. Supports at 3278/3229/3210/ 3150/3072/3061..

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