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Friday, March 09, 2012

(1) Nifty Chart & Levels For 09/03/2012 ::


Nifty :: After Black Inverted Hammer bullish candle Nifty made Three Gap Down high wave bullish candle.. Almost finish 3rd wave in our 2nd target.. NSI exactly turn up as per last post.. Bull-Bear Power indicator flat.. Short term indicator turn up from oversold region with bullish divergence.. Now as far as Nifty stay above 5198/5171 use buy ONLY in deep strategy in intraday treading with S.L 5171, for small swing up only, overall momentum and wave still corrective, mean avoid buy in gap up, or in extended high.. Resistance for up move at 5242/5265/5273/5297.. Supports at 5198/5189/5171/5153..

Posted by MY CHART at 3/09/2012 08:36:00 AM

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