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Tuesday, March 17, 2015

(1) Nifty & MSi Chart & Levels For 17/03/2015 ::


Nifty::
- Last engulfing line bearish pattern conformation with higher open..
- MSi turn up from middle support..
- Short term indicator oversold..
- Overall short term momentum down but near to strong support..
- Be careful at lower level, SHARP bounce possible if Nifty hold 8600/8596..
- In intraday treading on 17th March, wait & watch important support 8600/8596, and resistance in between 8672-8682.. Use buy in deep strategy with stop-loss 8596.. Or above 8636 buy with stop-loss 8626.. If break 8682, then hold position with stop-loss 8661..
- Resistance for up move at 8649/8661/8672/8682..

- Supports at 8617/8600/8596/8585..

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