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Saturday, September 03, 2016

(1) Nifty Chart For 06/09/2016 ::


-          Nifty ::
-          Small white bullish breakout candle..
-          Our MyCharts sentiment index MSi near 76, at multiple top resistance..
-          Short term indicator overbought..
-          Overall momentum risky…
-          As per chart from last couple of days there is two major bearish top formation pattern seen, but due to manipulation Nifty stay at higher level..
-          But be careful at higher level.
-          On 6th Sep. Wait and watch level 8803, below 8803 momentum seems down, but sell only below 8789 with strictly stop loss 8803..Above 8803 buy with small stop 8800 ..
-          Resistance for up move at 8828..

-          Supports at 8789,8779,7764.. 

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