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Thursday, January 05, 2012

(1) Nifty Chart & Levels For 05/01/2012 ::


Nifty :: Black Spinning Top neutral direction candle with Incomplete Dark Cloud Cover & Black Star Reversal bearish candle pattern.. Advance indicator NSI turn down from top, but still in middle support zone.. Bull-Bear Power indicator flat.. Short term indicator near overbought zone.. As per yesterday post as far as Gap area 4676 to 4646 open momentum seems side way’s up for short term, and as per today’s chart candle pattern, below 4782 momentum seems side way’s down.. Mean overall short term momentum side way’s neutral.. Till then up to breakout or breakdown for major swing in intraday treading, watch support 4713/4700 and use buy ONLY in deep strategy with S.L 4675, and at high watch resistance 4782 and, use sell ONLY at high strategy with S.L 4815.. Resistance for up move at 4782/4792/4800/4815. Supports at 4728/4713/4699/4676/4646..

Posted by MY CHART at 1/05/2012 02:14:00 AM

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