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Tuesday, May 26, 2009

(1) Nifty Chart For 26/05/2009 ::


Nifty :: Undeceive day without any direction with doji candle.. As far as close above 4167 momentum seems up, for further conformation watch 4290, above 4290 momentum seems up, below 4205 momentum down.. After a sharp up move in last week correction Nifty hold an important support level 4167 as closing basis, now for coming days 4167 works as trend decider for short term.. Our strategy for 26th May up to 4205 buy on deep (S.L 4155) Sell at high (S.L 4342).. Resistance for up move at 4254/4290/4320/4362.. Supports at 4190/ 4155/4137/4022..

Posted by MY CHART at 5/26/2009 01:08:00 AM

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