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Friday, August 21, 2009

(1) Nifty Chart For 21/08/2009 ::


Nifty :: As per chart Nifty take good support near 4370 and today made an green bullish candle but volume didn’t give any kind of support in bullish chart structure .. Today Nifty made an higher high bar pattern and that’s why short term bias turn up.. Ending Diagonal pattern still alive so be careful at extreme higher level.. Use strictly stop loss in buying… Now for 21st Aug watch resistance zone 4522 to 4536.. If Nifty break this resistance zone next strong resistance only near 4600/4614.. Our strategy for 21st Aug buy in deep (S.L 4395) Sell at high (S.L 4536) .. Resistance for up move at 4508/4522/ 4530/4536/4614.. Supports at 4435/4395/4370/4352..

Posted by MY CHART at 8/21/2009 02:56:00 AM

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