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Tuesday, September 22, 2009

(1) Nifty Chart For 22/09/2009 ::


Nifty ::High wave bullish candle with Hanging Man bearish candle... In sequence third day Nifty made an selling pressure bar.. Still too many support in down side but now onward consternate in selling at higher level and avoid buy at high.. Conformation of healthy correction only below 4788/4774.. Till then go with trend buy at support and watch strong resistance for selling with strictly stop loss either side.. Watch one level 4958 above 4958 momentum seems up, below 4958 momentum turns down…Our strategy for 22nd Sep. same as yesterday sell at high (S.L 5048) buy in deep (S.L 4900/4874).. Resistance for up move at 5003/5030/5048/5135.. Supports at 4958/4932/4900/4888/4874/4840..

Posted by MY CHART at 9/22/2009 01:24:00 AM

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