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Wednesday, January 25, 2012

(1) Nifty Chart & Levels For 25/01/2012 ::


Nifty :: Body Gap up bullish candle with high volume.. NSI again touch top multiple resistance zone and still in negative divergence.. All indicators are in extended overbought zone. Be careful at high. Price exactly touch 200 day Ema and given close below it.. Watch this 200 day Ema level 5129 carefully as closing basis in coming day’s.. Above it momentum seems up for buy with S.L 5129, below it momentum seems down for sell with S.L 5129.. Resistance for up move at 5155/5177/5186/5203.. Supports at 5106/5099/5078/5064..

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