(1) Nifty Chart & Levels For 19/01/2012 ::

Nifty :: Black Spinning Top neutral direction candle with Black Star Reversal & Incomplete Dark cloud Cover bearish candle pattern.. Sharp cut in NSI with negative divergence.. All short term indicator are in overbought region.. Pure bearish structure in technical chart but against three bullish gap still open and all International market in green, from last several days all world market neglects bed news and catch minor good news, move up and up without any fear, pure manipulated rally.. No option in intraday go with trend only, but avoid to give long commitment at high.. Watch strong resistance as closing basis 5023/5027, and supports 4914/4906 in this week.. Till then in intraday treading small swing watch one important level 4958, above 4958 momentum seems up for buy with S.L 4958, below 4958 momentum turns down for sell with S.L 4958.. Resistance for up move at 4975/4985/5001/5023/5027.. Supports at 4945/4931/4914/4906..