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Tuesday, November 10, 2009

(1) Nifty Chart For 10/11/2009 ::


Nifty :: Body gap up bullish candle with three gaps up bearish candle pattern. Volume is still below 15 day wma.. As per technical terms after V shape downfall, V shape rally is not possible without consolidation.. Nifty heading towards strong resistance zone from 4968 to 5053..Be careful at higher level or avoid buying at higher level...Watch one level, above 4884 momentum seems up, below 4884 momentums down..Our strategy for 10th Nov. buy ONLY in deep (S.L 4790) Sell at high (S.L 5002/5053).. Resistance for up move at 4935/4968/4973/ 5002/5020/5053..Supports at 4866/4829/4815/4790..

Posted by MY CHART at 11/10/2009 02:56:00 AM

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