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Monday, July 27, 2009

(1) Nifty Chart For 27/07/2009 ::


Nifty :: As we say from last three post Nifty enter in strong supply zone ..Be careful in up move.. Any time correction due from higher level avoid buying at higher level…Still bullish Inverted Head and Shoulder pattern intact but conformation for this structure requires 4700 breakout with huge volume. For 27th watch support 4529/4505 and strong resistance zone in between 4600/4621 to 4700.. Our strategy for 27th July Sell at high (S.L 4700) buy in deep (S.L 4505).. Resistance for up move at 4600/4621/4660/4700.. Supports at 4529/4505/4456/4380..

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