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Thursday, July 24, 2014

(1) Nifty & MSi Chart & Levels For 24/07/2014 ::


Nifty::
- White Doji with White Doji Star reversal possible top formation candle pattern..( Conformation required)
- MSi at resistance.
- Short term indicator in overbought zone..
- Overall short term momentum confusing. (Risky at high) ..
- Avoid buy at high..
- In intraday treading on 24th July. Wait & Watch important level 7800, above 7800/7809 momentum seems up, below 7800 down.. Watch support 7778, below it sell with strictly stop-loss 7800..
- Resistance for up move at 7809/7826/7834/7844..

- Supports at 7778/7765/7749/7727/7704..

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