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Sunday, October 12, 2014

(1) Nifty & MSi Chart & Levels For 13/10/2014 ::


Nifty::
- Downside Gap bearish candle pattern..( In oversold market near strong support.)
- MSi in down trend..
- Short term indicator oversold..
- Overall momentum bearish as far as Nifty stay below 7876/7889..
- In intraday treading on 13th Oct. Wait & Watch 7850-7865.. Below 7850 sell with strictly stop-loss 7865.. Above 7865 buy for small with strictly stop-loss 7850..(Aggressive trader may use resistance 7876/7889 for sell with stop-loss 7890)
- Resistance for up move at 7876/7889/7912..

- Supports at 7836/7815/7800/7784..

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