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Wednesday, May 27, 2009

(1) Nifty Chart For 27/05/2009 ::


Nifty ::In initial stage Nifty try to hold last low 4205,but unable to hold above it and once break 4205 easily break 4167 and close below it. Now Nifty made an lower top lower bottom formation in daily chart.. All indicator suggest bearish sign.. And that’s why be careful in up move.. Watch strong resistance 4144/4240.. And support 4092/4022/3980.. Our strategy for 27th May sell at high (S.L 4270) buy on deep (S.L 4022).. Resistance for up move at 4144/4168/4240/4270.. Supports 4092/4022/3980/3906..

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