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Thursday, January 14, 2010

(1) Nifty Chart For 14/01/2010 ::


Nifty :: Harami line, Piercing line, bullish candle with volume.. As per our yesterday post Nifty exactly move up from strong highlighted support zone.. For 14th Jan watch resistance zone 5295 to 5310, as per technical terms up to 5310 momentum down for midterm and that's why avoid buy near this resistance zone, wait for breakout then buy (Still bearish Wolfe Wave alive)… Due to sharp up move from support zone our strategy for 14th Jan up to 5212 buy in deep (S.L 5295) Sell at high (S.L 5326).. Resistance for up move at 5255/5272/5282/5295/5310/5326..Supports at 5212/5196/5170/5160..

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