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Wednesday, March 07, 2012

(1) Nifty Chart & Levels For 07/03/2012 ::


Nifty :: Exactly as per last post, most preferable count 3(3) running and near to first target 5202.. Yesterday Nifty made Black Inverted Hammer bullish candle..!! With average volume.. NSI in down trend, but near to multiple support zone, may be small down possible.. Bull-Bear power indicator in flat.. All short term indicator are in oversold region.. Be careful in shorting at extended low, use sell ONLY at high strategy in intraday treading with small and strictly S.L 5265 or maximum 5276.. In downside Watch support zone 5210 to 5190, after it next support zone near 5150/5146 (3(3) 2nd target), and below it 5108 to 5080.. Watch all this support zone carefully and if Nifty hold any of this support zone then avoid sell at lower level.. Resistance for up move at 5235/5265/5276.. Supports 5210/5188/5168/5150/5146..

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