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Thursday, March 15, 2012

(1) Nifty Chart & Levels For 15/03/2012 ::


Nifty :: Body Gap up bear candle with average low volume.. Advance indicator NSI as per yesterday chart, exactly turn down from top resistance and made negative divergence. All short term indicator in overbought zone.. Bull-Bear Power indicator in buy mode.. No clear sign, still manipulated corrective rally on as far as big gap 5243 to 5291 open.. As per yesterday post we again repeat avoid to give long commitment at high. Watch higher level resistance 5500/5535, and in dip support 5390/5374 in coming day’s, till then in intraday treading on 15th March. Watch one level 5484, above 5484 momentum seems up for small buy with S.L 5484, below 5484 momentum weak for sell with S.L 5484.. Resistance for up move at 5484/5500/5515/5535.. Supports at 5437/5421/5390/5374/5351..

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