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Wednesday, February 10, 2010

(1) Nifty Chart For 10/02/2010 ::


Nifty :: After an long legged white doji candle, Body Gap up bullish candle and again with low volume.. As per our earlier post corrective bounce may be touch 4900 to 5100 region once break 4832.. Be careful at higher level, again and again in every post we told about corrective up move and that’s why avoid buying in gap up opening or at extreme higher level.. For 10th Feb. watch strong resistance 4860/4910.. Our strategy for 10th Feb. buy only in deep (S.L 4770) sell at high (S.L 4910).. If Nifty open gap up then watch strong resistance and wait, buy in intraday correction only.. Resistance for up move at 4832/4846/4860/4883/4910.. Supports at 4770/4740/4712/4675..

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