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Tuesday, September 16, 2014

(1) Nifty Trading Strategy with Levels For 16/09/2014 ::

Nifty ::
- Body Gap Down bearish candle.
- Nifty close at low and MSi turn up from middle support..
- Short term indicator enter in oversold zone,,
- Overall short term momentum bearish but in manipulated market again we repeat stuck with levels only..
- In intraday treading on 16th Sep. Wait & Watch important level 8040, Above 8040 momentum up, below 8040 momentum seems down.. Above 8052 buy with stop-loss 8040.. Below 8040 sell with stop-loss 8052..(watch next trend decider support 8020/8017/8000)
- Resistance for up move at 8056/8067/8071/8080..

- Supports at 8027/8020/8000…

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