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Friday, October 17, 2014

(1) Nifty & MSi Chart & Levels For 17/10/2014 ::


Nifty::
- Incomplete Dark Cloud cover bearish candle pattern conformation with oversold indicator..
- MSi near multiple bottom support..
- Short term indicator oversold..
- Overall short term momentum bearish but oversold..
- Be careful in shorting at lower level. Stuck with levels and do small intraday trade only..
- Again repeat, Avoid sell at low..
- In intraday treading on 17th Oct. Wait & Watch important resistance 7760 & Support 7736.. Below 7736 sell with strictly stop-loss 7748.. Above 7760 buy with strictly stop-loss 7748..( in between 7760-7736 stay a side)
- Resistance for up move at 7760/7775/7798/7828/7838..

- Supports at 7729/7711/7696/7680/7665..

Posted by MY CHART at 10/17/2014 02:16:00 AM

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