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Thursday, June 25, 2009

(1) Nifty Chart For 25/06/2009 ::


Nifty :: Second day for bulls ,hold midterm trend line, still close above it.. Now watch 4292 in expire day ..Above 4292 momentum seems up, below 4292 momentum down.. Too many hurdle for up move in between 4337 to 4365.. And that’s why avoid buying at high.. Our strategy for 25th Jun up to 4365 sell at high (S.L 4365) Buy on deep.. If Nifty close above 4365 it may be touch 4480 in coming day’s.. Watch strong support 4150 in sharp decline.. Below 4150 Nifty move down sharply..(Mean range treading in between 4150 to 4480).. Trade cautiously.. Book fast profit in every rise or in decline.. Resistance for up move at 4337/4346/4352/4365/ 4416/4480.. Supports at 4278/4218/ 4181/4150..

Posted by MY CHART at 6/25/2009 01:53:00 AM

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