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Wednesday, November 18, 2009

(1) Nifty Chart For 18/11/2009 ::


Nifty :: High wave long legged doji bullish candle with doji star reversal bearish pattern.. Volume is still low.. As per today’s bar now 5138 and 4942 works as strong resistance and support .. Any side close with volume required for farther up or down strength.. Short term oscillator are in over bought zone and Nifty and Sensex both volatile near 80% correction level.. Be careful at higher level. For 18th Nov. watch two level above 5074 buy below 5010 sell for small up or down swing.. Our strategy if Nifty open too high with gap up above 5100 then sell at high (S.L 5152) buy in deep (S.L 5010) or if face resistance near 5074 sell at high with S.L 5074 .. Resistance for up move at 5074/5104/ 5128/5138/5152/5180.. Supports at 5010/5006/4994/4942…









Posted by MY CHART at 11/18/2009 03:18:00 AM

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