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Friday, February 17, 2012

(1) Nifty Chart & Levels For 17/02/2012 ::


Nifty :: White Spinning top neutral direction candle as an Insider day bar with high volume.. NSI in down trend.. All short term and long turn indicator are in extended overbought with negative divergence.. Still all 5 gaps open. Again we repeat, in manipulated global money driven rally please avoid buy at high, stay in side at higher level.. In intraday treading watch one level 5520, above 5520 momentum seems up for buy S.L 5520, below 5520 momentum turn weak for sell with S.L 5520. Both side do small trade with small and strictly S.L .. Resistance for up move at 5542/5566/5589/5608.. Supports at 5506/5489/5477/5460..

Posted by MY CHART at 2/17/2012 08:30:00 AM

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