(1) Nifty Chart For 28/01/2010 ::

Nifty :: Long opening Bozu Black line, bearish trending candle takeover with volume.. As we say in yesterday post first 4983 and second 4944 level works as important level.. Nifty firmly turn down once break this level and heading toward strong support and mid term trend decider level 4800.. Below 4944 Nifty gives bearish conformation in short term treading... Now for 28th FNO expire day watch strong support zone 4732 to 4836.. Be careful in shorting in such kind of over hitting, oversold level.. Any time bounce beck possible from lower level.. Our strategy for 28th Jan up to 4806 buy in deep (S.L 4806) Sell at high.. Below 4806 wait and Only positional aggressive trader give 30% to 40% long commitment at extreme lower level with S.L of 4680 for short term swing up move.. Resistance for up move at 4865/4908/4954/4981/5012.. Supports at 4833/4806/4798/ 4758/4732/4688..

for all other people calls please trade at your own risk