(1) NSI Chart & Nifty Levels For 29/02/2012 ::

Nifty :: Bullish Harami line candle pattern with low volume.. An insider day, wait for breakout/ breakdown for major move.. NSI from one extreme to another extreme.. Totally treading market.. Global money simple play with retailer.. Be careful in treading, without any money management with small and strictly stop-loss, you may trap in such kind of open to all LUT-MAR market. Yes in yesterday post we clearly told avoid sell and use buy in deep, but we never thought such kind of extreme move, its all against fundamental and technical.. Up to major breakout or breakdown of insider day, in intraday treading on 29^th Feb. watch one level 5355/5332, above 5355 momentum seems up for buy with S.L 5344, below 5332 momentum turns weak for sell with S.L 5355.. Resistance for up move at 5391/5402/5421/5433/5449.. Supports at 5355/5344/5332/5306..