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Friday, February 10, 2012

(1) Nifty Chart & Levels For 10/02/2012 ::


Nifty :: An insider day breakout bullish candle with high volume.. Exactly close below important resistance level 5413/5436.. NSI slightly up but still in negative divergence.. All indicator are in extreme overbought zone from last one week.. Danger to buy and hold position at higher level in such kind of manipulated, global money driven rally.. Again we repeat as per last whole week, be careful at high..(up to 5322 momentum up).. In intraday treading wait for higher level resistance and use sell ONLY at high strategy near resistance with small and strictly stop-loss 5436/5449/5494.. Resistance for up move at 5436/5449/5470/5494.. Supports at 5386/5366/5353/5339/5322..

Posted by MY CHART at 2/10/2012 08:44:00 AM

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