(1) Nifty Chart & Levels For 02/12/2011 ::

Nifty :: Touch target of our last Friday post and made Body Gap up White and Black window candle pattern with low volume.. Advance indicator NSI again touch multiple resistance level.. Bull-Bear Power indicator flat. Huge gap between 4851 to 4916, as far as gap is open momentum shift from bear to bull.. Watch this gap in coming days and use buy in deep strategy in intraday treading at every support with small and strictly S.L of next support.. Till then on 2^nd Dec. intraday treading watch one level 4938, above 4938 momentum up for buy for small up swing with S.L 4938, below 4938 momentum down for sell for small swing with S.L 4938.. In correction as we say, watch all support level carefully and wait for conformation, then enter in buy near support with small and strictly support level stop-loss.. No clear direction yet, and up to any major conformation do multiple small swing trade only .. Resistance for up move at 4966/4989/5002/5030.. Supports at 4916/4907/4884/4871/4851..