MY CHARTS FOR INDIAN STOCK MARKET: (1) Nifty Chart For 17/02/2010 ::

Wednesday, February 17, 2010

(1) Nifty Chart For 17/02/2010 ::

Nifty :: As per yesterday candle pattern Nifty initially correct, but with international market support move up firmly and break strong resistance 4845.. Made an Tsutsumi Line, Engulfing bullish candle and again with low volume in up move.. Now for 17th Feb. Watch strong resistance zone4894 to 4919 above it next strong resistance zone 4949 to 4977…Be careful near this resistance zone, any time small correction due from this two resistance zone.. Due to bullish breakout our strategy for 17th Feb if Nifty open flat then buy in deep (S.L 4800) sell at high (S.L 4919).. If Nifty open gap up then wait for resistance, if face resistance near 4900 zone then change strategy as sell at high (S.L 4912) buy in deep (S.L 4845)..Above 4912 wait for next strong resistance zone.. Resistance for up move at 4894/4912/4919/4949/4977.. Supports at 4845/4817/4800/ 4783/4757..

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Month	Profit/	Check	Exact
	1 Lot	Perf.	Nifty

Only for 18th Dec
DAILY TRADE PRO		4281	Check
Not Perf, but how can be useful

Dec	1056104.9	Check	Check
Nov	119190	Check	Check
Oct	146040	Check	Check
Sept	52087.5	Check	Check
Aug	92915	Check	Check
July	49510	Check	Check
June	35700	Check	Check
May	667228.6	Check	Check
April	546616	Check	Check
March	37242.5	Check	Check

Total	28,02,635

Even if you exited at 30% then,
30% of 28,02,635 = 8,40,790.5

MY CHARTS FOR INDIAN STOCK MARKET

Wednesday, February 17, 2010

(1) Nifty Chart For 17/02/2010 ::

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