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Tuesday, February 16, 2010

(1) Nifty Chart For 16/02/2010 ::


Nifty :: From last three day’s Nifty constantly face resistance at higher level near 4844.. Made, bearish Incomplete Dark Cloud cover candle pattern. In side way momentum volume constantly decreasing.. Now in corrective up move those who enter at low use strictly stop loss at 4739.. Momentum once again turn strong only above 4845.. Due to bearish candle pattern our strategy for 16th Feb. Up to 4845 sell at high (Strictly S.L 4845) buy in deep (S.L 4739).. Resistance for up move at 4817/4845/4876/4897/4912.. Supports at 4775/4748/4739..

Posted by MY CHART at 2/16/2010 01:15:00 AM

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