(2) Nifty Chart For 23/07/2010 ::

Nifty :: On 22nd July our sell at high strategy works, initially Nifty face resistance near 5400 and correct..But after take support and traded above 5384 Nifty easely break strong insider day resistance 5416 and move up sharp..Hope all our visitor enjoy both side trade..
We are not bull or bear, simply follow the technical and go with trend.. Today we post the price and time theory.. Exactly match last two up move.. Still one day left to achieved time target and 58 to 105 points left to match price target.. As per daily chart indicator made an negative divergence, just left one day and few point for price and time target, Nifty VIX below 20%, our NSI in resistance zone.. With all this analysis one again we repeat avoid buy at higher level.. Any time small or major correction due in this week or in next week from higher level....
For 23rd July watch strong resistance in gap up opeining 5489/5496/5510/5518.. Up to 5518 be careful and use sell at high strategy in intraday (S.L 5518).. Resistance for up move at 5489/5498/5510/5518...Supports at 5398/5372/5353..