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Wednesday, March 10, 2010

(1) Nifty Chart For 10/03/2010 ::


Nifty :: Black Spinning top, bearish Harami line, insider day with low volume suggest neutral direction with negative bias.. Now for 10th March watch important level 5092.. Below 5092 momentum seem down up to next support 5078/5049.. As per our last post 5015 works as short term buying stop loss.. As far as stay above 5015 nothing to worry for bulls.. Still our strategy same as yesterday.. Watch 5092 if Nifty hold 5092 buy in deep (S.L 5015) Sell at high.. If Nifty break 5092 watch support 5078/5049.. And use same strategy, buy in deep up to 5049 (S.L 5015) Sell at high.. Watch higher side strong resistance 5152/5180.. If Nifty move up then change strategy as sell at high (S.L 5180) buy in deep.. Resistance for up move at 5116/5138/5152/5180.. Supports at 5092/5078/ 5049/5015..

Posted by MY CHART at 3/10/2010 02:32:00 AM

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