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Monday, January 18, 2010

(1) Nifty Chart For 18/01/2010 ::


Nifty :: Like Spinning top, Harami line, High wave bear candle with low volume .. As per our last post up to 5310 Nifty in corrective up move only and still bearish Wolfe Wave alive.. Momentum turns up for short term only above 5310. For 18th Jan watch support 5232, below 5232 momentum once again turn down up to next support zone 5192 to 5160.. Last and final support for this up move at 5146 for short term.. Our strategy for 18th Jan below 5252 sell at high (S.L 5310) buy in deep (S.L 5160/5146)… Resistance for up move at 5280/5290/5300/5310/5326/5352.. Supports at 5142/5132/5219/5192/ 5160/5146..

Posted by MY CHART at 1/18/2010 02:16:00 AM

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