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Thursday, April 10, 2014

(1) Nifty & MSi Chart & Levels For 10/04/2014 ::


Nifty::
- Body Gap up, bullish candle reach its extreme as per our last Elliot wave post..
- MSi touch multiple top resistance..( Must be correct)
- Short term indicator again heading towards overbought zone..( It may be create negative divergence at high)
- Overall short term momentum bullish as far as Nifty hold 6759, but risky..
- In intraday treading on 10th April. Wait & Watch important resistance 6808/6828/6838 and IF face resistance at high then, sell at high near top resistance with STRICTLY stop-loss 6852.. OR sell below 6788 with stop-loss 6808..
- Resistance for up move at 6808/6828/6838/6852..
- Supports at 6776/6764/6759/6739…

- ( At time of this posting US market Dow plus 170 points)

Posted by MY CHART at 4/10/2014 01:22:00 AM

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