(1) Nifty Chart & Levels For 22/02/2012 ::

Nifty :: Last Engulfing bullish candle, If it is followed by a Dark Cloud or Lower open.. NSI again turn up from middle and still in negative divergence.. All indicator are in extended overbought zone with 6^th open gap, a danger sign.. But market neglect all multiple bearish chart formation and all bearish fundamental news from last couple of day’s.. One-way its move up like infinite target, its not possible as per our long experience, yes still all world market in global money printer manipulator hand, and all world politician try to hold there stock market at high, and say’s in public that see everything is ok in our economic, be careful, all shooter stop-loss hits from last couple of day, when its start correcting all buyers stop loss may triggered in next face.. We didn’t know when or say frankly no one know when its made top.. Use small and strictly stop-loss in any side, avoid to take any position, otherwise you may trap in any side.. In intraday treading watch resistance and use sell at high strategy near resistance with small stop-loss of next resistance, in support use buy in deep strategy near support with small and strictly stop-loss of next support.. Our strategy for 22^nd watch resistance 5636/5648, and if Nifty face resistance at high then use strategy as sell at high (S.L 5662) buy in deep.. Resistance for up move at 5625/5636/5648/5662.. Supports at 5588/5578/5565/5545/5531..