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Thursday, November 26, 2009

(1) Nifty Chart For 26/11/2009 ::


Nifty :: Even after breakout of 5113 Nifty unable to given close above it.. Due to volatility of FNO expire volume slightly up.. As far as Nifty stay above rising channel bottom 5016 momentum looks positive.. For 26th Nov. Watch one level 5113 above 5113 momentum seems up, below 5100 momentum turn down.. Our strategy for 26th if Nifty turn down watch strong support 5055/5048 and buy in deep (S.L 5048) Sell at high.. If Nifty move up above 5113 watch strong resistance zone 5137 to 5168 and sell at high near resistance (S.L 5174) buy in deep (S.L 5100).. Resistance for up move at 5137/5150/ 5160/5168/ 5174/5209.. Supports at 5078/5055/5048/5016..

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