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Tuesday, November 17, 2009

(1) Nifty Chart For 17/11/2009 ::

Nifty :: Once again bullish breakout candle without volume..!! As per our last US Dollar post no technical works at current level, once again dollar slide and all word market move up.. Be careful at higher level, today dollar touch 74.70 level near to our Elliott wave target.. Please stay away from currant up move.. Or if you want to buy, buy only in intraday with strictly stop loss.. For further up move strength Nifty required to close above 5104 with volume.. For 17th Nov. watch one level 5045, above 5045 momentum seems up, below 5045 down.. Our strategy for 17th up to 5128 sell at high (S.L 5128) buy in deep (S.L 5017).. Resistance for up move at 5082/5104/5128/5152/ 5180.. Supports at 5017/4994/4978…






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