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Sunday, December 11, 2011

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


Nifty :: After Three Evening White Star bearish candle pattern conformation, on Friday made Black Doji possible reversal candle with Black Star possible reversal candle pattern.. Advance indicator NSI slightly turn up from bottom low support.. Short term indicator in down trend.. Bull-Bear Power indicator flat.. Nifty exactly hold green highlighted support on Friday .. Overall momentum still bearish (mean avoid buy at high near last resistance zone) but as per NSI and Candle pattern watch low support 4841/4824 in intraday treading on 12th Dec. and if hold support then use buy only in deep strategy for corrective swing up with strictly S.L 4815..Resistance for up move at 4890/4921/4940/4955.. Supports at 4850/4841/4824/4815…

Posted by MY CHART at 12/11/2011 09:47:00 PM

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