MY CHARTS FOR INDIAN STOCK MARKET

(1) Nifty Chart & Levels For 25/01/2012 ::

2012-01-25T02:33:00.001+05:30

Nifty :: Body Gap up bullish candle with high volume.. NSI again touch top multiple resistance zone and still in negative divergence.. All indicators are in extended overbought zone. Be careful at high. Price exactly touch 200 day Ema and given close below it.. Watch this 200 day Ema level 5129 carefully as closing basis in coming day’s.. Above it momentum seems up for buy with S.L 5129, below it momentum seems down for sell with S.L 5129.. Resistance for up move at 5155/5177/5186/5203.. Supports at 5106/5099/5078/5064..

(1) Nifty Chart & Levels For 24/01/2012 ::

2012-01-24T01:00:00.002+05:30

Nifty :: An insider day with low volume.. Again made White Spinning Top neutral direction candle with White Doji Star reversal candle pattern.. NSI slightly turn up, but still in negative divergence.. Bull-Bear power flat.. All indicator hanging in overbought region.. Continuous bearish chart setup and Nifty hold higher level with four open bullish gap.. It must be correct any time in coming day’s, but till then in intraday treading stuck with level, and go with trend only. For 24^th Jan. watch important level 5054, above 5054 momentum seems up for buy with S.L 5054, up to 5054 momentum seems down for sell with S.L 5054.. Resistance for up move at 5060/5068/5081/5099.. Supports at 5038/5021/5002/4990/4980…

(1) Nifty Chart & Levels For 23/01/2012 ::

2012-01-22T22:44:00.003+05:30

Nifty :: High Wave, Body Gap up, White Doji Line possible reversal candle with Doji Star Reversal candle pattern.. As per Elliott wave count Nifty enter in, most preferable count double zigzag Y target.. NSI again conform negative divergence. All technical parameter suggest possible top formation but wait for conformation of overbought indicator down trend for positional sell.. Till then in intraday treading on 23^rd Jan. watch resistance 5064/5068 and above it 5099/5104 and use sell at high strategy with S.L 5104.. Resistance for up move at 5064/5081/5099/5104.. Supports at 5030/5017/5004/4991/4980…

(2) Nifty Chart & Levels For 20/01/2012 ::

2012-01-20T08:28:00.001+05:30

Nifty :: Again White Spinning top neutral direction candle with 4^th bullish Gap..!! Extended manipulated bullish structure.. NSI again near top resistance and still in negative divergence.. All indicator are in overbought region.. As per yesterday night Vix chart posting, any time correction due from high in coming days.. Again we repeat, Be careful at high, and avoid to give long commitment at high, go with intraday trend and book small profit at high, use titan stop in any positional buy near last gap area 4980.. Till then in intraday watch first resistance zone 5023 to 5027 and 5049 to 5067, IF Nifty face resistance at any of this resistance THEN ONLY use sell at high strategy with S.L 5067.. Resistance for up move at 5023/5027/5038/5049/5067.. Supports at 5000/4988/4980..

(1) VIX- CBOE Chart ::

2012-01-19T21:41:00.002+05:30

VIX- CBOE :: In Falling Wedge reversal pattern with positive divergence.. Extreme side way's manipulated momentum.. Any time sharp bounce possible with breakout in coming day's.. Once its start to move up US & all world market correct sharp with all commodity.. Watch it closely in coming day's..

(1) Nifty Chart & Levels For 19/01/2012 ::

2012-01-19T08:39:00.002+05:30

Nifty :: Black Spinning Top neutral direction candle with Black Star Reversal & Incomplete Dark cloud Cover bearish candle pattern.. Sharp cut in NSI with negative divergence.. All short term indicator are in overbought region.. Pure bearish structure in technical chart but against three bullish gap still open and all International market in green, from last several days all world market neglects bed news and catch minor good news, move up and up without any fear, pure manipulated rally.. No option in intraday go with trend only, but avoid to give long commitment at high.. Watch strong resistance as closing basis 5023/5027, and supports 4914/4906 in this week.. Till then in intraday treading small swing watch one important level 4958, above 4958 momentum seems up for buy with S.L 4958, below 4958 momentum turns down for sell with S.L 4958.. Resistance for up move at 4975/4985/5001/5023/5027.. Supports at 4945/4931/4914/4906..

(1) Nifty Chart & Levels For 17/01/2012 ::

2012-01-17T08:33:00.002+05:30

Nifty :: White Spinning top neutral direction candle.. NSI turn down with negative divergence.. All short term indicator are in overbought region.. No way to buy at high, avoid to give long commitment at higher level.. In intraday treading watch one important level 4862, above 4862 momentum seems up for buy with S.L 4862, below 4862 momentum turns down for sell with S.L 4862.. At high watch resistance near 4920 and if Nifty face resistance at high then change strategy as sell at high with small S.L 4938/4940.. Resistance for up move at 4900/4911/4923/4938.. Supports at 4862/4844/4836/4824..

(1) Nifty Levels & Treading Strategy For 16/01/2012 ::

2012-01-16T08:14:00.003+05:30

Nifty :: Body gap up high wave bullish candle with high volume.. NSI in uptrend but below last top high, may be made negative divergence at top.. All short term indicator in overbought region.. Be careful at high.. As we say before in our message box turning date on 12th or 13th Jan. Watch level 4864, below it use sell at high strategy in intraday treading with small S.L 4876, OR at high again use sell at high strategy with S.L 4915/4928.. Resistance for up move at 4876/4900/4915/4928.. Supports at 4840/4824/4803/4785..

(1)

2012-01-11T13:48:00.004+05:30

We are out of station on 12th & 13th Jan. 2012. No posting for next two day's.Back in office on 14th Jan.2012 and look forward to continuing our journey together on MyCharts.in from Monday.
hope Tj ji, Leo ji, JJ ji, Pinal ji, Ram ji and if Gk ji came online all help you in message box

regards
Jay

(1) Nifty Chart & Levels For 11/01/2012 ::

2012-01-11T01:57:00.002+05:30

Nifty :: Body Gap up Bullish Trending Candle Takeover with volume.. Breakout above falling channel.. NSI again touch multiple top resistance.. Bull-Bear Power indicator flat.. Short term indicator again touch overbought level.. Second open bullish gap technically suggest perfect bullish structure, but, Be careful at high in manipulated corrective international market supporting rally.. As far as Nifty stay above open gap, momentum seems up in coming days.. Till then in intraday treading on 11^th Jan. watch level 4855/4840, above 4855 momentum seems up for small swing buy with S.L 4840, below 4840 momentum turns weak for small swing sell with S.L 4855.. At high watch strong resistance 4878/4882, and if Nifty face resistance at high then change strategy as sell ONLY at high with small and strictly S.L 4890 or maximum 4910.. Resistance for up move at 4878/4882/4890/4910.. Supports at 4822/4800/4785/4768/4758..

(1) Nifty Chart & Levels For 10/01/2012 ::

2012-01-10T01:28:00.002+05:30

Nifty :: Black Doji bearish candle with Harami Black Cross bullish candle pattern. Confusion sign.. NSI slightly turn down from high as per yesterday post.. Bull-Bear power indicator flat.. Short term indicator turn down from oversold region.. Low volatility treading market, be careful any time near this weekend or in next week market may move up or down fast.. Till then near treading support resistance level go for small swing in intraday with small and strictly S.L.. Watch level 4748/4740, below it momentum seems down for sell with S.L 4748/4759, above 4759 momentum turns up for buy with S.L 4748/4740.. Resistance for up move at 4759/4777/4792/4800/4815.. Supports at 4723/4708/4695/4686..

(1) Nifty Chart & Levels For 09/01/2012 ::

2012-01-08T22:38:00.002+05:30

Nifty :: An Insider bar, again made Black Spinning Top neutral direction candle with Black Star Reversal & Incomplete Dark Cloud Cover bearish candle pattern.. NSI turn up but near to multiple resistance zone.. Bull-Bear Power indicator flat.. Short term indicator in overbought zone.. Overall momentum still neutral as far as Nifty stay in between 4646-4815.. Wait for major move breakout 4825, and breakdown 4625.. Till then in intraday treading on 9^th Jan use sell ONLY at high strategy with strictly S.L 4824, in correction watch low support 4686 and below it support zone 4646 to 4676 and avoid sell at lower level .. Resistance for up move at 4779/4794/4808/4815/4824.. Supports at 4736/4720/4695/4686..

(1) Nifty Chart & Levels For 05/01/2012 ::

2012-01-05T02:14:00.001+05:30

Nifty :: Black Spinning Top neutral direction candle with Incomplete Dark Cloud Cover & Black Star Reversal bearish candle pattern.. Advance indicator NSI turn down from top, but still in middle support zone.. Bull-Bear Power indicator flat.. Short term indicator near overbought zone.. As per yesterday post as far as Gap area 4676 to 4646 open momentum seems side way’s up for short term, and as per today’s chart candle pattern, below 4782 momentum seems side way’s down.. Mean overall short term momentum side way’s neutral.. Till then up to breakout or breakdown for major swing in intraday treading, watch support 4713/4700 and use buy ONLY in deep strategy with S.L 4675, and at high watch resistance 4782 and, use sell ONLY at high strategy with S.L 4815.. Resistance for up move at 4782/4792/4800/4815. Supports at 4728/4713/4699/4676/4646..

(1) Nifty Chart & Levels For 04/01/2012 ::

2012-01-04T08:31:00.002+05:30

Nifty :: Finally Nifty zooming up and made, Body Gap up, Belt Hold line bullish candle with volume. Looks like Ladder bottom wipe out 3 candle loss in just one day.. NSI exactly move up as per last three post and touch high multiple top resistance.. Bull-Bear Power indicator flat.. Short term indicator in up trend.. Now as far as Nifty hold above open gap 4646 to 4676 momentum seems side way’s up for short term.. Advance indicator touch multiple resistance top, mean no way to buy in extended high, be careful Nifty must be correct from extended high, for positional short wait for negative divergence.. Till then in intraday treading on 4^th Jan. Watch one important level 4763, above 4763 momentum up for buy with S.L 4747, below 4747 momentum turns weak for sell with S.L 4763, both side trade for small swing.. At extended high watch strong resistance 4800/4815 and use sell at high near resistance with small and strictly S.L 4815, above 4815 next strong resistance and sell level at 4859/4882 with S.L 4882.. Resistance for up move at 4800/4815/4832/4859/4882.. Supports at 4747/4735/4712/4698..

(1) Nifty Chart & Levels For 03/01/2012 ::

2012-01-03T08:43:00.002+05:30

Nifty :: Black Doji Line possible reversal candle with Harami Black Cross possible reversal candle pattern.. NSI in up trend.. Bull-Bear Power indicator flat. Short term indicator turn up from oversold region.. All sign suggest bullish structure.. Now as far as Nifty stay above 4600 momentum seems side way’s up and use buy ONLY in deep strategy in intraday correction with S.L 4585 or maximum S.L 4567 (Momentum turns strong only above 4690/4701).. Resistance for up move at 4661/4668/4676/4690.. Supports at 4639/4618/4601/4585/4567..

(1) Nifty Chart & Levels For 02/01/2012 ::

2012-01-02T01:23:00.001+05:30

Nifty :: Bearish breakdown candle with volume.. NSI turn up with positive divergence.. Bull-Bear Power indicator in sell mode.. Short term indicator in oversold region.. Again confusion sign, and as we say before no way to judge proper direction of market, mean stuck with level and trade according above or below it in intraday, avoid to give positional commitment in any side as far as trend indecisive.. As per Friday post Nifty given close below important support 4634, now up to 4634/4639, momentum seems side way’s down for sell with S.L 4639, above 4639 momentum once again turn up for buy with S.L 4609.. In correction watch support 4585, and If Nifty hold support 4585 then change strategy as buy in deep with S.L 4568 for small up swing.. Resistance for up move at 4639/4649/4673/4679.. Supports at 4609/4599/4585/4568..

(1) Nifty Chart & Levels For 30/12/2011 ::

2011-12-30T02:17:00.001+05:30

Nifty :: Body Gap Down bearish candle with high volume.. NSI in down trend but again near to multiple lower middle support zone.. Bull-Bear power indicator in sell mode. Short term indicator again enter in oversold region.. Mix confusion sign.. Nifty exactly hold lower strong support level 4634, as far as Nifty hold support 4634 and given close above it momentum seems side way’s up in coming day’s.. Till then in intraday treading on 30^th Dec. watch important level 4647 and 4667, above 4647 momentum up for buy with S.L 4634, and turn slightly strong above 4667 for more up with S.L 4647.. Below 4647 momentum seems down for only small swing sell with S.L 4667.. Trade accordingly in intraday treading above or below 4647 with titan and small S.L. Resistance for up move at 4667/468/4689/4698.. Supports at 4634/4612/4603/4585..

(1) Nifty Chart & Levels For 28/12/2011 ::

2011-12-28T00:53:00.001+05:30

Nifty :: Dark Cloud cover bearish candle pattern generate aggressive sell signal, bet with low volume.. NSI exactly turn down as per yesterday post from top resistance.. Bull-Bear Power flat.. Short term indicator turn down from overbought region.. Now in all technical terms as far as Nifty stay below 4790/4800 short term momentum seems down and use sell only at high strategy, in intraday treading, on 28^th Dec. near resistance with small and strictly S.L 4813.. Resistance for up move at 4774/4790/4800/4813.. Supports at 4729/4718/4693/4679/4666..

(1) Nifty Chart & Levels For 27/12/2011 ::

2011-12-27T01:41:00.003+05:30

Nifty :: As per our last whole week post, slowly-slowly Nifty move up in absent of an international market volatility due to Christmas vacation… Made Belt Hold Line bullish candle but with low volume.. NSI in up trend but near to multiple top resistance zone.. Bull-Bear Power indicator in flat.. Short term indicator touch overbought region... Overall momentum enter in overbought zone.. Be careful in manipulated corrective extended high and use strictly stop-loss in any positional buy. In intraday treading on 27^th Dec. watch first strong resistance 4811, and above it next strong resistance 4843/4882 and use sell at high strategy with next resistance level small and strictly S.L.. Resistance for up move at 4793/4811/4826/4843/4882.. Supports at 4757/4743/4724/4718/4693..

(1) Nifty Chart & Levels For 23/12/2011 ::

2011-12-23T03:01:00.002+05:30

Nifty :: Bullish candle with positive divergence breakout but with low average volume.. NSI in uptrend but near to multiple resistance zone.. Bull-Bear Power indicator still in sell mode.. Short term indicator in up trend.. Confusion sign.. As per our last hole weekly post finally Nifty turns up as corrective up from oversold region, but be careful at high in corrective up, use titan stop in all buy.. In intraday treading on 23^rd Dec. watch first resistance 4748, and above it 4761/4773 and use sell at high strategy when Nifty face resistance near any of given resistance level with strictly stop-loss 4808… Resistance for up move at 4748/4761/4773/4792/4803.. Supports at 4700/4687/4675/4663/4634..

(1) Nifty Chart & Levels For 22/12/2011 ::

2011-12-22T02:08:00.003+05:30

Nifty :: We clearly told in our last two post as, no way for shorting at low and see the result, Nifty zooming up fast in short covering rally and made Circle bullish candle pattern, gives bullish bottom buy signal.. NSI In uptrend but near to multiple resistance zone.. Bull-Bear Power indicator still in sell mode.. Short term indicator turn up with bullish divergence as per our last post. Multiple bottom formation bullish candle pattern suggest short term bottom already made in Nifty or close to bottom.. Now for short term avoid shorting in correction and, use buy only in deep strategy at support intraday low with next given support level stop-loss.. At high watch resistance 4709 and above it next strong resistance 4748.. If Nifty move up in intraday treading watch given two level 4709/4748 and change strategy as sell at high near resistance (S.L 4777) buy in deep for small corrective down.. Resistance for up move at 4709/4725/4748/4765/4777. Supports at 4672/4665/44637/4623..

(1) Nifty Chart & Levels For 20/12/2011 ::

2011-12-20T01:23:00.002+05:30

Nifty :: Exactly as per yesterday post, bounce from low and made Black Hammer bullish candle with close above 4595.. For more bullish intraday structure conformation of breakout 4628 required.. NSI exactly turn up from bottom low multiple support zone.. All short term indicators turns up again from oversold region and made bullish divergence. Now as far as Nifty hold support low 4555, (watch it closely and if take support at low then) use buy in deep strategy in intraday treading with S.L 4550.. Momentum turns more bullish in intraday only above 4628, till then avoid buy at high due to overall bearish momentum.. Resistance for up move at 4628/4656/4687/4703.. Supports at 4592/4576/4566/4556..

(1) Nifty Chart & Levels For 19/12/2011 ::

2011-12-19T08:24:00.002+05:30

Nifty :: An out side day with bearish Engulfing candle pattern.. It may be last bearish setup for short term and may made bottom formation in near future.. Advance indicator NSI supporting candle pattern formation, touch multiple bottom support zone.. Short term indicator are in oversold region.. Overall momentum still down but No way for shorting in extended sell off.. Be careful in correction.. Watch important level 4628/4616/4595 and If Nifty hold this three support levels then use buy ONLY in deep strategy in intraday treading on 19^th Dec. with small and strictly S.L 4595 (OR If break 4595 then wait and again Nifty move up above 4595 enter for buy with low S.L).. Resistance for up move at 4674/4710/4735/4755.. Supports at 4637/4628/4616/4595..

(1) Nifty Chart & Levels For 16/12/2011 ::

2011-12-16T01:59:00.002+05:30

Nifty :: Counter Attack bullish candle with volume.. NSI turn up from low and made bullish divergence.. Bull-Bear power still in sell mode.. Short term indicator turn up from oversold region.. Now as far as Nifty hold support 4700/4697 momentum seems up and use buy in deep strategy, near support in correction, with small S.L 4673 .. For small swing in intraday treading watch important level 4748/4735.. Below 4735 momentum seem down, for small swing sell, with S.L 4748, above 4748 momentum turns up, for small swing buy, with S.L 4735.. Resistance for up move at 4768/4775/4792/4811/4834.. Supports at 4735/4717/4697/4673..

(1) Nifty Chart & Levels For 15/12/2011 ::

2011-12-15T01:34:00.002+05:30

Nifty :: Bearish Harami Line candle pattern with average volume.. NSI exactly turn down again as per yesterday NSI post.. Short term indicator are in oversold region.. Bull-Bear Power indicator in sell mode.. Overall momentum still down, but NSI heading towards multiple low support zone, and short term indicator in oversold region ,be careful in extended corrective low.. Use sell only at high strategy in corrective up on 15^th Dec. Watch one important level 4772, above 4772 momentum seems up for buy with S.L 4772, below 4772 momentum down for sell with S.L 4772.. Resistance for up move at 4772/4790/4811/4824..Supports at 4728/4721/4700/4693/4674..

(1) Nifty PE Ratio ::

2011-12-13T02:03:00.003+05:30

Nifty PE :: Far away from bottom long term buying.. Currently at support near 17, bounce possible for short term, but for long term wait till level 13 to 11..

(1) Nifty Chart & Levels For 12/12/2011 ::

2011-12-11T21:47:00.002+05:30

Nifty :: After Three Evening White Star bearish candle pattern conformation, on Friday made Black Doji possible reversal candle with Black Star possible reversal candle pattern.. Advance indicator NSI slightly turn up from bottom low support.. Short term indicator in down trend.. Bull-Bear Power indicator flat.. Nifty exactly hold green highlighted support on Friday .. Overall momentum still bearish (mean avoid buy at high near last resistance zone) but as per NSI and Candle pattern watch low support 4841/4824 in intraday treading on 12^th Dec. and if hold support then use buy only in deep strategy for corrective swing up with strictly S.L 4815..Resistance for up move at 4890/4921/4940/4955.. Supports at 4850/4841/4824/4815…

(1) Nifty Chart & Levels For 09/12/2011 ::

2011-12-09T02:03:00.002+05:30

Nifty :: Three Evening White Star bearish candle pattern suggest short term possible top may formed.. Advance indicator NSI touch multiple higher bottom support zone.. Bull-Bear Power indicator turns buy to flat.. Short term indicator exactly turn down as per yesterday post.. Momentum totally turn bearish from our top red highlighted resistance zone.. No way for buy, but due to NSI, in extended correction be careful, short covering and profit booking corrective bounce possible from green support zone. Watch first support or breakdown level 4928/4916, below it strong support zone 4886 to 4850, avoid short at this support zone.. Use sell only at high strategy in intraday treading on 9^th Dec. with S.L 4998 or below breakdown in sell at high strategy S.L 4928.. Resistance for up move at 4963/4976/4998/5021.. Supports at 4928/4916/4886/4866/4851..

(1) Nifty Chart & Levels For 08/12/2011 ::

2011-12-08T02:01:00.002+05:30

Nifty :: After Long Legged bullish Doji, made High Wave, Body Gap up bullish candle with volume.. NSI slightly turn up from middle.. Bull-Bear Power still in buy mode.. But short term indicator again turn down from overbought region.. Nifty continuous face resistance at high as we mark form last three day’s and turn down again and again from high.. Now watch this resistance band 5099 to 5120 and as far as Nifty stay below this level use sell at high strategy with strictly S.L 5120.. For minor swing in intraday watch one support level 5043, above 5043 momentum slightly up for buy with S.L 5043, below 5043 momentum turn more bearish for sell with S.L 5043.. Resistance for up move at 5083/5099/5110/5120.. Supports at 5043/5024/5002/4993..

(1) Nifty Chart & Levels For 07/12/2011 ::

2011-12-07T01:55:00.002+05:30

Nifty :: Long Legged Doji, White Spinning top neutral direction candle.. NSI exactly turn down form multiple top resistance as per Monday post.. Bull-Bear Power indicator still in buy mode.. All short term indicator are in extreme overbought zone.. As we say before as far as big gap is open momentum seems up and use buy in deep strategy in correction, but due to NSI and short term indicator be careful at high in manipulated, global news driven market.. In intraday treading on 7^th Dec, watch level 5022/5048, below 5022 momentum seems down for small sell with S.L 5048, above 5048 momentum turns strong for small buy with S.L 5022.. If Nifty move up with support of international market, then watch resistance 5086/5110, and change strategy as sell at high buy in deep, with S.L 5120.. Resistance for up move 5048/5062/5086/5110/.. Supports at 5022/5010/5002/4990/4957..

(1) Nifty Chart & Levels For 05/12/2011 ::

2011-12-05T01:24:00.001+05:30

Nifty :: Bullish short covering large candle with low volume.. As per our Friday post momentum turns bullish as far as huge gap between 4916 to 4851 open. But advance indicator again touch multiple top resistance.. Bull-Bear Power indicator in buy mode.. All short term indicator touch overbought region and may be made bearish divergence at high.. Be careful at high or say avoid to give long commitment at high in short covering rally.. On intraday treading on 5^th Dec. use sell only at high strategy with stop-loss 5110.. Resistance for up move at 5063/5094/5110.. Supports at 5021/5005/4971/4950..

(1) Nifty Chart & Levels For 02/12/2011 ::

2011-12-02T01:37:00.002+05:30

Nifty :: Touch target of our last Friday post and made Body Gap up White and Black window candle pattern with low volume.. Advance indicator NSI again touch multiple resistance level.. Bull-Bear Power indicator flat. Huge gap between 4851 to 4916, as far as gap is open momentum shift from bear to bull.. Watch this gap in coming days and use buy in deep strategy in intraday treading at every support with small and strictly S.L of next support.. Till then on 2^nd Dec. intraday treading watch one level 4938, above 4938 momentum up for buy for small up swing with S.L 4938, below 4938 momentum down for sell for small swing with S.L 4938.. In correction as we say, watch all support level carefully and wait for conformation, then enter in buy near support with small and strictly support level stop-loss.. No clear direction yet, and up to any major conformation do multiple small swing trade only .. Resistance for up move at 4966/4989/5002/5030.. Supports at 4916/4907/4884/4871/4851..

(1) Nifty Chart & levels For 01/12/2011 ::

2011-12-01T01:48:00.002+05:30

Nifty :: Thrusting line bullish candle pattern, watch required bullish breakout 4866.. NSI slightly turn up from low.. Bull-Bear Power indicator flat.. All short term indicator at overbought region.. On 1st Dec. intraday treading, watch support level 4811/4800, and use buy in dip strategy above 4837 with S.L 4811, above 4837 watch breakout level 4866 and then next strong resistance and our first bottom buy target zone in between 4902 to 4930.. Above 4930 next strong resistance zone and fully profit booking level near 5000 .. Till then use revise stop-loss in all buying at every high and time to time book positional buy profit..Avoid to give long commitment at highr level in corrective gap up swing.. Resistance for up move at 4866/4902/4919/4930/4937/4982/5019.. Supports at 4837/4811/4800..

(1) Nifty Chart & Levels For 30/11/2011 ::

2011-11-30T02:06:00.002+05:30

Nifty :: Incomplete Dark Cloud Cover candle pattern with volume.. Advance indicator NSI once again given advance signal of correction, as per yesterday post correct sharp form multiple top resistance zone.. Bull-Bear Power indicator still in sell mode.. Short term indicator turn down from high.. Confusion sign indicate side way’s momentum.. No option wait for corrective up and use sell at high strategy near top resistance (S.L 4930) or wait for correction and use buy in deep strategy near bottom support (S.L 4753/4750).. In between intraday treading watch one level 4808, for small swing. Above 4808 momentum up for buy with S.L 4801.. Below 4801 momentum seems down for sell with S.L 4808.. Resistance for up move at 4829/4848/4873/4902/4930.. Supports at 4787/4766/4753..

(1) Nifty Chart & Levels For 29/11/2011 ::

2011-11-29T02:25:00.002+05:30

Nifty :: Anaume Candle pattern with low volume.. It may be bottom, it may be short term top formation, exhaustion sign.. NSI zooming up and touch exact multiple top resistance.. Bull-Bear power still in sell mode.. Short term indicator touch overbought region in just one day.. Due to advance indicator NSI multiple resistance zone, be careful in buying at higher level.. If Nifty move up near 4900 in intraday treading watch last two resistance 4902/4930, and if face resistance at high then use sell at high strategy in intraday treading on 29^th Nov. with small and strictly S.L 4930.. Watch one more important level in correction 4840, below 4840 momentum turns weak and again use sell at high strategy below 4840 with S.L 4858.. Resistance for up move at 4858/4879/4902/4930.. Supports at 4840/4822/4801/4787..

(1) Gold Int. Levels in $ For Comming Week ::

2011-11-27T21:19:00.002+05:30

GOLD Int. Levels in $ :: We are posting two scenario for coming week with unfold next Elliott wave count..

One is Gold may be finish simple Zigzag count near 1666 with A-B-C and again start as corrective up with impulse pattern as far as hold level 1671/1666.. Watch important support level 1671/1666 and important breakout/ resistance level 1701/1710.. Once Gold given breakout of 1710 before break 1666 then next impulse target in between 1740 to 1770 ( buy S.L 1701)..

Second one is Gold finish diagonal A and Zigzag B, C (OR 3^rd) still pending once Gold start trending below 1671/1666 for target of 1647/1629/1597/1580 (sell S.L 1671) ..

Finally watch levels 1671/1666 for sell and 1701/1710 for buy in coming week, and trade accordingly above or below it for given target with strictly S.L in news base international manipulated market..

(1) Nifty Chart & Levels For 25/11/2011 ::

2011-11-25T02:51:00.001+05:30

Nifty :: Bullish Harami Line candle pattern with volume.. Made almost double bottom at low.. NSI turn up from bottom side way’s momentum.. Bull-Bear Power indicator still in sell mode.. Short term indicator turn up from extreme oversold region.. Finally as we say before strong bounce from low after 11^th extreme lower low, and it may be generate pull beck rally in coming day’s up to 4900/5000 level as far as hold support 4640.. On 25^th Nov. intraday treading watch resistance 4762, above 4762 momentum up for buy with S.L 4755, below 4755 momentum turn down for sell with S.L 4762.. Still rally is corrective pull beck, mean be careful in extended high.. Resistance for up move at 4780/4804/4828/4847.. Supports at 4715/4684/4665/4640…

(1) Nifty Chart & Levels For 24/11/2011 ::

2011-11-24T02:59:00.002+05:30

Nifty :: Body Gap Down Black Hold line bear candle with breakdown of multiple support 4720.. NSI again touch multiple support level.. Bull-Bear Power in sell mode.. All short term indicators are in extreme oversold region. Clear bearish signal but due to future and option expire day may be we see huge volatility, batter to avoid treading.. Those who want to trade avoid sell at low due to highly oversold position, watch one level 4705, above 4705 momentum seems up for small buy with S.L 4705.. Below 4705 momentum once again turn down for sell with S.L 4705… Resistance for up move at 4716/4730/4749/4780.. Supports at 4696/4663/4640/4610..

In coming days below 4640, Next strong support zone start from 4550 to 4490.. Watch this level for short term positional buy swing with S.L 4480..

(1) Nifty Chart & Levels For 23/11/2011 ::

2011-11-23T01:47:00.002+05:30

Nifty :: As we say in yesterday post Nifty zoom up from low and made, High Wave, White Inverted Hammer bullish candle with bullish Harami line candle pattern ,but an insider day.. Wait for conformation of breakout of 4873 and breakdown of 4764.. NSI zooming up form bottom support.. All short term indicator slightly turn up in oversold region.. As far as Nifty hold strong support 4727/4720, be careful in shorting at low, now short only below 4720 or at high near last two resistance with S.L 4890.. In intraday treading watch given support and use buy in deep strategy near support with next level small and strictly stop-loss, last strictly S.L 4720, If Nifty move up in intraday wait for resistance and change strategy as sell at high S.L 4890.. Resistance for up move at 4834/4854/4873/4890.. Supports at 4782/4764/4741/4728/4720…

(!) Nifty Chart & Levels For 22/11/2011 ::

2011-11-22T02:06:00.002+05:30

Nifty :: Body Gap Down, Black Hold Line bear candle with low volume.. As per yesterday post in morning Nifty unable to break 4919 and momentum turn bearish, Given bounce for 2-3 times from strong support 4827, but finally break support and fall sharply.. NSI again down and side way’s near multiple support zone.. All short term indicator are in extreme oversold region.. No way for short in gap down.. Watch last multiple bottom near 4728/4720.. Below 4720 Nifty given major breakdown but as we say before avoid shorting at lower level.. Stay in side wait for bottom and enter for long with proper, small and strictly stop-loss OR wait for corrective up and use sell at high strategy with next support (below support level in corrective up all support works as resistance) or resistance level stop -loss.. Resistance for up move at 4786/4812/4831/4838.. Supports 4764/4741/4728/4720/4703/4677..

(2) Nifty Chart & Levels For 21/11/2011 ::

2011-11-21T01:47:00.002+05:30

Nifty :: As per Friday post Nifty exactly bounce from highlighted support zone, and made High Wave, White Doji candle with Whit Doji Star possible reversal candle pattern. Wait for conformation of bottom formation.. NSI exactly turn up as per Friday post.. All short term indicator are in extreme oversold region.. Strong buying interest seen at lower level.. But due to last several day’s selling pressure be careful at high as far as Nifty stay below 4919, change from down to up momentum conformation only above 4919.. Till then in intraday treading on 21^st Nov. Use buy ONLY in deep strategy near last three support level with strictly stop-loss 4827 for small swing up.. Resistance for up move at 4919/4929/4948/4960… Supports at 4881/4863/4837/4827..

(1) Eur/Usd Pair Treading Levels For 21/11/2011 ::

2011-11-20T20:28:00.002+05:30

Eur/Usd ( Close 1.3513):: Lest earn few pips in Eur/Usd pair, after Monday 21 Nov. open wait for small move and enter as per up and down trend..

In intraday chart first impulse finish (1), and moving up as corrective W-X-Y as far as hold above 1.3507.. Last corrective X finish near 1.3507 and move up.. Watch this level closely as we count smaller time frame unfold Elliott Wave. If hold 1.3507 and start to move up in early morning enter on it, buy with small and strictly S.L of 1.3507 for target of 1.3540/1.3550/1.3578

If break 1.3507 after open, enter in short position with strictly S.L 1.3513 for target of 1.3498/1.3486 and hold position below it, with revise given target 1.3486 as stop-loss in profit..

(1) Nifty Chart & Levels For 18/11/2011 ::

2011-11-18T02:48:00.002+05:30

Nifty :: Again Body Gap down bear candle with volume.. Three body gap down candle pattern clear generate cautious signal for shooter.. NSI near low.. All short term indicator are in extreme oversold.. Bull-Bear Power indicator in sell mode.. Overall short term bullish structure already damage in this week, but be careful in shorting at extended correction, or clearly say avoid sell now, wait for some corrective up then go for sell till then in intraday treading on 18^th Nov. watch first strong support 4896 and next strong support zone 4860 to 4827, if Nifty open gap down with international market, then use buy in deep strategy for small corrective up with next nearby small support level STRICTLY stop loss.. Resistance for up move at 4971/4990/5007/5036.. Supports at 4920/4896/4870/ and strong support zone 4860 to 4827..

(1) Nifty Chart & Levels For 17/11/2011 ::

2011-11-17T02:34:00.002+05:30

Nifty :: Body Gap down Lower Shadow bear candle with volume.. Advance indicator NSI as per yesterday post exactly move up from multiple support zone.. All short term indicator in oversold region.. Overall momentum bearish but Nifty still hold strong support/ breakdown level 4985, as far as Nifty hold 4985 avoid shorting at low.. If Nifty given close below 4985 next strong support zone only between 4860 to 4830.. In intraday treading on 17^th . Use sell ONLY at high strategy with S.L 5096 OR Nifty open gap down with international market bearish trend, watch important support 4985, and if hold this support then ONLY use buy in deep strategy with S.L 4971.. Resistance for up move at 5053/5065/5087/5096/5114.. Supports at 5018/5011/4985/4971/4960…

(1) Nifty Chart & Levels For 16/11/2011 ::

2011-11-16T02:58:00.001+05:30

Nifty :: Body Gap down bear candle with Engulfing Bear Candle pattern conformation.. NSI slightly turn up form multiple bottom support level.. All short term indicator in oversold region.. Exactly given close at strong support level 5065.. With NSI and oversold indicator be careful in shorting at low, or avoid sell in correction..As we say from last one week, stuck with level for small trade and avoid forecast for major swing in global news driven manipulated market.. In intraday treading on 16^th Nov. Watch level 5076, above 5076 momentum seems up for buy with S.L 5065, below 5065 momentum turn down for small sell with S.L 5076.. Trade accordingly above 5076 and below 5065 for small swing only.. Resistance for up move at 5099/5126/5135.. Supports at 5052/5035/5010/4986..

(1) Nifty Chart & Levels For 15/11/2011 ::

2011-11-15T02:24:00.003+05:30

Nifty :: Engulfing Bear Candle pattern with Counterattack bearish candle.. Bearish set up required conformation of next red candle & lower low.. NSI near multiple bottom support zone.. Bull-Bear Power indicator still flat.. All short term indicator touch oversold level.. Be careful in gap down shorting due to advance indicator NSI and all short term oversold indicator.. Watch important level 5138, above 5138 momentum up, below 5138 momentum down, trade accordingly above or below 5138 for small swing with small S.L 5138.. In gap down correction watch support 5100/5087, and if Nifty hold above this two support zone then change strategy as buy in dip with small and strictly S.L 5087 for small up swing.. Resistance for up move at 5172/5196/5201/5210. Supports at 5138/5121/5100/5087..

(1) Nifty Chart & Levels For 14/11/2011 ::

2011-11-14T08:33:00.003+05:30

Nifty :: High wave bullish candle with Black & White Western Gap down bearish candle pattern. Advance indicator NSI slightly turn up form bottom support zone.. Watch important gap resistance 5198 to 5211, as far as Nifty stay below 5211 and gap is open overall momentum down.. Till then as we say before stuck with intraday levels and do small-small trade.. Watch 5186, above 5186 momentum up for buy with S.L 5183, up 5183 momentum down for small sell S.L 5186.. And in correction near 5150/5140, use buy in dip strategy with S.L 5136.. Resistance for up move at 5186/5198/5211/5221.. Supports at 5160/5142/5136/5128..

(1) Nifty Chart & Levels For 11.11.11.......-:)

2011-11-11T02:24:00.004+05:30

Nifty :: Bearish treading candle take over candle pattern with volume.. Advance indicator NSI near multiple low support zone, again give confusion sign near support.. Short term indicator turn down from high.. As we say before, pure global news driven manipulated market, avoid future forecast and stuck with levels in intraday treading.. Watch low support 5201, above 5201 momentum side way’s up, below 5201 momentum turns more negative.. Trade accordingly above or below 5201 for small swing with S.L 5201.. In major swing watch strong support below 5201 at 5176/5136.. And at higher side watch strong resistance 5257/5313.. If with international market support Nifty move up with gap up, then wait for given resistance level and use sell ONLY at high strategy in intraday treading on 11^th Nov. with S.L 5313.. Resistance for up move at 5257/5278/5294/5313.. Supports at 5201/5176/5163/5147/5136..

(1) Nifty Chart & Levels For 09/11/2011 ::

2011-11-09T02:22:00.002+05:30

Nifty :: Black Spinning top neutral direction candle with High wave Harami Black bullish candle.. Directionless market.. As we say before, stuck with levels and trade accordingly for small gain.. NSI slightly turn down but in side way’s mode.. Bull-Bear Power indicator in buy.. All short term indicator again turn up form middle.. Watch one important level in intraday treading on 9^th November. 5282, above 5282 momentum up for buy with S.L 5282, below 5282 momentum seems down for sell with S.L 5282.. Mean trade accordingly above or below 5282 for small gain.. Avoid buy at higher level due to advance indicator NSI.. Resistance for up move at 5317/5326/5333/5360.. Supports at 5274/5260/5247/5240..

(1) Nifty Chart & Levels For 08/11/2011 ::

2011-11-08T08:26:00.002+05:30

Nifty :: Body Gap up Bullish candle with Counter Attack Bearish candle.. An undeceives neutral direction market movement.. Still global news driven extreme side way’s market.. NSI in up trend but near to resistance zone.. Bull-Bear Power indicator in side way’s flat.. Do small intraday trade only with proper and small strictly stop-loss, and avoid to hold any position for next day.. Watch higher side resistance near 5300 and use sell at high strategy near resistance with S.L 5334/5348.. In correction watch support 5236/5219 and if hold this two support level then change strategy as buy in deep (S.L 5202) sell at high.. Resistance for up move at 5311/5326/5334/5348.. Supports at 5267/5256/5236/5219/5202..

(1) Nifty Chart & Levels For 04/11/2011 ::

2011-11-04T02:11:00.001+05:30

Nifty :: White bullish candle with Stalled bearish candle pattern.. Again an confusion sign.. NSI slightly turn down but in up trend.. Bull-Bear Power still flat.. Short term indicator in down trend.. No way to define exact direction in manipulated global news driven market.. Mean as per yesterday post stuck with levels, use proper and small strictly stop-loss, do intraday fast trade for small gain only.. For 4^th Nov. Watch one level 5263, above 5363 momentum seems up For buy with S.L 5358, below 5258 momentum turn down for sell with S.L 5263.. Resistance for up move at 5300/5314/5334/5360/5399.. Supports at 5241/5222/5202/5191..

(1) Nifty Chart & Levels For 03/11/2011 ::

2011-11-03T02:03:00.002+05:30

Nifty :: White bullish candle with Thrusting Line neutral direction candle patter.. NSI again turn up form bottom multiple support zone.. Bull-Bear Power indicator flat.. All short term indicator in downtrend.. As per our yesterday post bullish gap already fill today, now as far as bearish gap open up to 5314, overall momentum side way’s down.. No way to judge short term market direction, in news base manipulated global markets.. Stuck with levels and do small-small trade both the side like our yesterday post with small and strictly stop-loss.. Watch Levels 5256 above it momentum up for buy with S.L 5244.. And below 5244 momentum turn down for sell with S.L 5256.. Resistance for up move at 5289/5300/5314/5335.. Supports at 5244/5238/5221/5205..

(1) Nifty Chart & Levels for 02/11/2011 ::

2011-11-02T01:40:00.001+05:30

Nifty :: Body Gap Down bearish candle but with low volume.. Pure international manipulated news driven market… Almost near to gap support area with open bearish gap.. Advance indicator NSI near multiple support zone.. Bull-Bear Power indicator flat.. All short term indicator turn down from overbought region.. Once last bullish gap is fill with open bearish gap, short term structure again turn bearish, but be careful in shorting near our last three support level.. Our strategy for intraday treading on 2^nd Nov. Watch one level 5261, above 5261 momentum seems up for buy with S.L 5255, below 5255 momentum seems down for sell with S.L 5261.. Resistance for up move at 5281/5297/5314/5336.. Supports at 5238/5219/5207/5190…

(1) Nifty Chart & Levels For 01/11/2011 ::

2011-11-01T01:31:00.001+05:30

Nifty :: Black Spinning Top neutral direction candle with volume.. With yesterday gap up bullish candle made strong bearish candle pattern structure.. Still last big bullish gap open, and as per yesterday post as far as Nifty stay above bullish gap high 5219 bulls forcefully try to lift the market up, be careful in gap down near 5219.. Advance indicator NSI exactly turn down as per yesterday post from multiple resistance zone.. Bull-Bear Power Indicator still in buy mode.. Short term indicator turn down with negative divergence from overbought region.. Overall intraday short term momentum down.. Watch one level in intraday treading on 1^st Nov. 5320, above 5320 momentum up, below 5320 momentum seems down.. Trade accordingly above or below 5320 with small and strictly S.L 5320.. In gap down avoid shorting at low, wait for up swing then only short with S.L 5320.. Resistance for up move at 5336/5351/5360.. Supports at 5306/5284/5254/5219..

(2) Nifty Chart & Levels for 31/10/2011 ::

2011-10-30T20:06:00.001+05:30

Nifty :: Completely follow downward channel and made Cycle Ending Diagonal Elliott wave pattern with double zigzag, triple zigzag internal wave pattern.. Currently moving up after finish 3^rd wave of Ending Diagonal, as 4^th wave with simple a-b-c structure.. It may be take time to finish and made double zigzag or triple zigzag corrective up pattern in international news base manipulated market, Time tell us what happen next in unfold wave.. But currently enter in most preferable target zone in between 5200 to 5500.. If move up as double or triple zigzag (chance only 20%) and take more time then it may be touch 5900.. After long two month time finally fill the big bearish gap, with two bullish open gap, as far as last gap open momentum looks bullish.. Watch last bullish gap 5219 to 5322 in coming day’s..

For intraday treading on 31^st Oct. Advance indicator NSI close near top multiple resistance zone.. Bull-Bear Power indicator in buy mode.. Short term indicator in overbought region with negative divergence.. Watch resistance 5384/5400 and if face resistance at high then use sell ONLY at high strategy with small and strictly stop-loss 5400.. Resistance for up move at 5384/5400/5413/5431.. Supports at 5337/5322/5307/5289..

(1) Major Trend Turning Data For Year 2012 ::

2011-10-30T09:57:00.001+05:30

(1) Nifty levels and strategy For 28/10/2011 ::

2011-10-28T08:30:00.002+05:30

Nifty :: On Muhurat treading day hope all you enjoying our Muhurat buying script Hathway Cable

Nifty made Black Spinning top with Black Star reversal bearish candle pattern. And all you know all international market zooming up from last two day..!!! Mean finally after long time big open bearish gap may fill today.. Watch top and extended resistance level 5323/5336/5350/5354… No shorting at high, wait for market settled and then take position.. Will guide you from hear in Monday post. Till then stay in side and use proper and titan revise profit stop-loss in all your buying..

(1) Muhurat Buying Script For 26/10/2011 ::

2011-10-26T14:34:00.002+05:30

HATHWAY Cable & Data ( BSE Code 533162) :: After listing near Rs 200, currently traded near 50% discounting price at Rs 110.. Buy 25% in Muhurat Treading session on 26^th Oct 2011. For short to mid term target 125/140/155.. If correct again next 25% buy again near 85/80 level and hold it for long term.. It may gives you at least multiple of two to three times return in next 3 to 5 year horizon.. (Too many FII and DII hold this script in average price of Rs 200 ..)

(1) Nifty Chart & Levels For 21/10/2011 ::

2011-10-21T09:55:00.002+05:30

Nifty :: White Doji Star bullish candle.. Extreme side way’s.. One day made bearish candle next day made bullish candle.. No clear direction due to international market news driven market.. NSI turn down as side ways.. Short term indicator still in down trend.. Bull-Bear Power indicator flat.. Go with international market trend in intraday treading.. Buy in deep (S.L 5045) and at high use sell at high strategy (S.L 5169) on 21^st Oct.. Avoid to give positional commitment any side for Monday.. Resistance for up move at 5112/5127/5135/5160/5169.. Supports at 5071/5045/5034/5003..

(1) Nifty Chart & Levels For 20/10/2011 ::

2011-10-20T08:13:00.003+05:30

Nifty :: After long time Three River Morning Star Bearish candle pattern.. In Daily chart body gap up bullish candle with volume.. Again an confusion sign in extreme side way’s momentum.. NSI even after breakdown turn up from low.. Bull-Bear Power indicator flat.. Short term Indicator up but wit negative divergence.. Overall momentum side way’s, mean at high use sell at high strategy and in dip use buy in dip strategy.. For 20^th Oct. in intraday treading at high use sell ONLY at high strategy with S.L 5169.. Resistance for up move at 5148/5160/5169/5178/5197.. Supports at 5101/5087/5070..

(1) Nifty Chart & Levels For 19/10/2011 ::

2011-10-19T02:13:00.003+05:30

Nifty :: Incomplete Dark Cloud cover bearish candle pattern conformation but with low volume, against High Wave Hammer bullish candle.. Generate confusion sign.. NSI break down with negative divergence.. Bull-Bear power indicator flat.. Short term indicator turn down from overbought region.. No clear direction.. Go with international market and Asian market trend.. Watch strong resistance zone 5057 to 5084 and avoid buy if Nifty trade below given resistance.. Intraday momentum turns slightly up only above 5084.. In correction watch support 5011/4995, if Nifty holds this support zone then use buy in deep strategy with S.L 4994 in intraday treading on 19^th Oct. Resistance for up move at 5057/5068/5084/5103.. Supports at 5011/5002/4995/4954..

(1) Nifty Chart & Levels For 18/10/2011 ::

2011-10-18T01:49:00.003+05:30

Nifty :: Once again Incomplete Dark Cloud cover bearish candle pattern.. NSI move up but create negative divergence, still required breakdown of last low.. Bull-Bear Power indicator flat.. Short term indicator turn down from overbought region.. Overall short term momentum turn bearish from high.. Watch one level 5112 in intraday treading on 18^th Oct. , above 5112 momentum up, below 5112 momentum seems down and turn more week only below 5070/5056 (up to 5056 avoid shorting in gap down) .. Our strategy in intraday treading sell only at high or below 5112 with S.L 5112/5169.. Resistance for up move at 5136/5160/5169.. Supports at 5070/5056/5046/4995..

(1) Nifty Chart & Levels For 14/10/2011 ::

2011-10-14T08:43:00.003+05:30

Nifty :: Once again an Incomplete Dark Cloud Cover candle pattern with volume.. Advance indicator NSI again turn down from top resistance as per yesterday post.. Bull-Bear Power indicator still in buy mode.. All short term indicator turn down from overbought region.. Mix confusion side ways sign .. In intraday treading for 14^th Oct. watch given resistance and use sell ONLY at high strategy with small and strictly S.L 5137...Watch Support 5065, only below 5065 momentum turn slightly negative.. In correction watch strong support 5012/4988.. Resistance for up move at 5099/5115/5137/5164.. Supports at 5065/5056/5040/5012..

(1) Nifty Chart & Levels For 13/10/2011 ::

2011-10-13T08:29:00.002+05:30

Nifty :: Bullish breakout above 5045.. NSI again turn up and near to multiple resistance zone.. Bull-Bear power indicator turn flat to bullish.. Short term indicator touch overbought region.. As per common technical pure bullish momentum.. But in dip nothing else, pure corrective up only..Fill two open bearish gap already with open bullish gap.. No way to give long commitment at higher level, profit booking must be at high.. In intraday treading watch gap up level 5143/5169, with international market support and if face resistance near this two level then use sell at high strategy (S.L 5174) for small down, like yesterday 5045 level works as resistance and two time Nifty came down for small gain.. Resistance for up move at 5134/5143/5169/5197.. Supports at 5091/5065/5031/5021..

(1) Nifty Chart & Levels For 12/10/2011 ::

2011-10-12T08:27:00.003+05:30

Nifty :: Incomplete Dark Cloud cover bearish candle pattern . NSI in Down trend.. Bull-Bear Power indicator flat.. Short term indicator touch overbought region.. Still extreme side way’s global news following market.. In intraday treading on 12^th Oct. as far as Nifty stay below 5045, use sell at ONLY high strategy with S.L 5045.. In correction watch strong support 4948, and if Nifty hold support 4948, then change strategy as buy in deep with small and strictly S.L 4948.. Resistance for up move at 4993/5018/5034/5045.. Supports at 4964/4948/4920/4900..

(1) Nifty Chart & Levels For 10/10/2011 ::

2011-10-09T22:35:00.002+05:30

Nifty :: High Wave, Body Gap up, White Doji Star bottom reversal candle pattern.. Watch bullish gap 4828 to 4861, as far as Nifty hold above 4828 short term momentum bullish (Overall mid term momentum still bearish, once Nifty break 4828 without given breakout of 4924 then once again short term momentum turn down).. NSI in uptrend but near to high multiple resistance zone.. Bull- Bear Power indicator flat.. Short term indicator turn up from oversold region.. Mean confusion sign in extreme side way’s momentum. Our intraday treading strategy for 10^th Oct. Watch resistance 4900/4924, and use sell ONLY at high strategy with small and strictly S.L 4924.. In correction watch support zone 4861 to 4828 and If hold last support 4828 then change strategy as buy ONLY in deep(S.L 4828) sell at high..(In between 4828 to 4924 book small profit in any side treading).. Resistance for up move at 4900/4924/4943/4981/5003.. Supports at 4861/4850/4828..

(1) Nifty Chart & Levels For 07/10/2011 ::

2011-10-07T08:21:00.003+05:30

Nifty :: An Insider day with bearish candle low volume.. Watch breakout level 4870 and breakdown level 4728/4720 in coming day’s.. Our advance indicator again works perfect, before market move up its turn up.. Bull-Bear Power indicator still in sell mode.. All short term indicator in oversold region.. Our strategy for 7^th Oct. Watch 4753, above 4753 momentum seems up, and turn slightly strong above 4785, below 4753 momentum down but for small swing only.. In intraday treading, above 4753 use buy in deep strategy with S.L 4728/4720.. Resistance for up move at 4785/4798/4832/4849/4870.. Supports at 4741/4729/4720..

(1) Nifty Chart & Levels For 05/10/2011 ::

2011-10-05T08:25:00.003+05:30

Nifty :: Body Gap down bearish candle with volume.. But hold strong trend decider level 4720.. Our advance indicator slightly turn up from low with positive divergence.. Bull-Bear power indicator still in sell mode.. All short term indicator in oversold region.. Overall momentum bearish, but as far as Nifty hold support 4728/4720, use buy ONLY in deep strategy with small and strictly stop loss 4720 in intraday treading on 5^th Oct. for small and corrective swing up..(Below 4720 be careful and avoid buy).. Resistance for up move at 4815/4849/4860/4870/4903.. Supports at 4761/4728/4720..

(1) Nifty Chart & Levels For 03/10/2011 ::

2011-10-02T23:08:00.002+05:30

Nifty :: Bearish Harami line candle pattern but still and insider day, required breakdown of 4905 for bearish structure.. NSI again turn down as extreme side way’s momentum.. Bull-Bear Power indicator enter in sell mode again.. As per last hole week posting overall momentum down.. On 3^rd Oct watch one level 4942, above 4942 momentum up, below 4942 momentum seems down as small swing, and turn more week only below 4905.. Trade according above or below, 4942 (S.L 4942) and near 4905 in correction with international market support with (S.L 4905).. Resistance for up move at 4960/4974/5001/5016.. Supports at 4942/4906/4879/4863/4849…

(1) Nifty Chart & Levels For 30/09/2011 ::

2011-09-30T08:13:00.003+05:30

Nifty :: After Incomplete Dark Cloud Cover bearish candle pattern, made Engulfing Bullish candle pattern with volume.. As per yesterday post above 4945 zoom up one way on future and option expire day.. NSI again turn up, Bull-Bear Power enter in buy mode.. Short term indicator again turn up.. Extreme side way’s news driven market, difficult to judge clear momentum with multiple open gap, mean for intraday treading track levels, use titan small stop-loss and go with trend, book fast profit any side.. Watch important level for 30^th Sep. 5006, above 5006 momentum seems up, below 5006 momentum once again turn down.. Trade accordingly above or below 5006 for small up or down swing.. Resistance for up move 5034/5052/5062/5085.. Supports at 5006/4975/4968/4945..

(1) Nifty Chart & Levels For 29/09/2011 ::

2011-09-29T02:39:00.003+05:30

Nifty :: Incomplete Dark Cloud Cover bearish candle pattern, generate aggressive trader sell signal.. NSI turn down from top multiple resistances and in down trend… Bull-Bear power indicator flat.. All short term indicator in up trend.. As we say from last several post overall mid term momentum already bearish.. For future and option expire day be careful in treading.. Use titan and strictly small stop-loss in any side.. Watch important level 4945, above 4945 momentum slightly turn up, below 4945 momentum seems down.. Trade accordingly above or below 4945 for small swing with titan stop-loss 4945.. Resistance for up move at 4982/5006/5029.. Supports at 4929/4905/4880/4854..

(1) Nifty Chart & Levels For 27/09/2011 ::

2011-09-27T02:30:00.002+05:30

Nifty :: Bearish candle with low volume.. NSI slightly turn down but still in up trend.. Bull-Bear Power indicator in sell mode.. All short term indicator now enter in oversold region and must be bounce from low.. Be careful in shorting in correction as far as Nifty hold above 4829.. Watch important level 4829, above it momentum seems up, below 4829 momentum down..(Stay in sell only below 4829 with S.L 4829).. If Nifty move up from hear its corrective up only and that’s why be careful to give long commitment at extended high, use buy ONLY in deep strategy in intraday treading with S.L 4829.. Resistance for up move at 4880/4915/4935/4947/4967.. Supports at 4798/4770/4758/4734…

(1) Nifty Chart & Levels For 26/09/2011 ::

2011-09-26T02:03:00.003+05:30

Nifty :: Exactly bounce from low as per our Friday post.. Made Black Doji line, Doji Star possible reversal candle pattern.. NSI turn up from bottom but still required positive divergence for positional buy.. Bull-Bear Power indicator in sell mode.. Short term indicator in oversold region.. Still overall mid term momentum bearish but, As far as Nifty hold support 4810/4800, use buy ONLY in deep strategy, in intraday treading for swing up with small and strictly S.L 4800, due to overall bearish mid term momentum avoid to give long commitment at higher level.. Resistance for up move at 4898/4922/4959.. Supports at 4842/4829/4810/4800..

(1) Nifty Chart & Levels For 23/09/2011 ::

2011-09-23T08:55:00.002+05:30

Nifty :: Body Gap Down, Dark Cloud Conformation with average volume.. Once again we post NSI chart be half of Nifty chart in main post.. As per NSI touch almost all time low, mean conformation of extreme bearish structure, but as per advance predication, avoid shorting at extended low, NSI must be bounce from all time low.. Bull-Bear Power indicator again enter in sell zone.. Watch first strong support 4892, and below it last two supports. If Nifty hold any of given support level then use buy in deep strategy for small up swing with strictly S.L 4810.. Resistance for up move at 4951/4970/5019/5037/5052. Supports at 4911/4892/4876/4840/4810..

(1) Nifty Chart & Levels For 22/09/2011 ::

2011-09-22T08:48:00.003+05:30

Nifty :: Black Lower Shadow ,Incomplete Dark Cloud Cover Candle pattern with volume.. Exactly face resistance as per our yesterday post..NSI Again turns down as per yesterday NSI post.. Bull-Bear Power Indicator still in buy mode.. Incomplete Dark Cloud pattern generate aggressive sell signal with S.L 5169...Conservative trader wait for conformation.. For 22^nd Sep. Watch 5100/5094, above it momentum up, below 5094 momentum once again turn down up to 5025/5019.. Our strategy for intraday use sell at high with strictly S.L 5100 below 5094, and above 5100 sell at high strategy with S.L 5169.. Resistance for up move at 5151/5168/6174/6197.. Supports at 5100/5094/5064/5025/5019..

(1) Nifty Chart & Levels For 21/09/2011 ::

2011-09-21T08:28:00.003+05:30

Nifty :: Bearish Treading candle Takeover bullish pattern but again with low volume.. NSI turn up but still in side way’s.. Bull-Bear Power indicator again move up from neutral zone.. Short term indicator in overbought region.. Yesterday Nifty given breakout above 5131, now as far as stay above 5098 momentum seems side way’s up.. In correction watch support 5105/5098 and use buy in deep strategy with S.L 5075.. At higher side be careful up to resistance 5169 and avoid to give long commitment at high, as far as Nifty stay below resistance level momentum side way’s.. Resistance for up move at 5155/5169/5176.. Supports at 5105/5098/5075/5051..

(1) Nifty Chart & Levels For 20/09/2011 ::

2011-09-20T08:36:00.002+05:30

Nifty :: Body Gap Down bear candle and with low volume.. NSI slightly down even after long bearish candle.. Bull-Bear Power again enter in side way’s zone.. Short term indicator slightly turn down from mid high.. Still no clear direction.. Watch level 5045, above 5045 momentum seems up, below 5045 momentum down .. Trade accordingly above, or below 5045 for small swing with S.L in buy 5042/ and in sell 5049..Lower side correction watch strong support 4993/4989, as far as Nifty hold this two support zone, any time bounce possible from low, avoid shorting as far as Nifty hold this two support zone.. Resistance for up move at 5045/5068/5077.. Supports at 5019/4993/4989/4967..

(1) Nifty Chart & Levels For 19/09/2011 ::

2011-09-19T02:09:00.002+05:30

Nifty :: Body Gap Up bullish candle and Counter Attack bear candle with volume.. Confusion sign.. NSI again turn down.. Bull-Bear Power indicator in buy mode.. Short term indicator still in up trend.. Mean no clear direction.. As per our last two week post strong resistance zone works perfect .. Nifty near strong resistance zone move as extreme side way’s.. Overall mid term momentum still down, short term momentum up.. Our strategy for 19^th Sep for intraday treading.. Watch strong support 5068/5050.. As far as Nifty hold this two strong support and trade above it, use buy ONLY in deep strategy with small and strictly S.L 5050.. Stay in sell only below 5050 with S.L 5068.. Resistance for up move at 5107/5125/5136/5170/5183/5195.. Supports at 5068/5050/5032/5014…

(1) Nifty Chart & Levels For 16/09/2011 ::

2011-09-16T08:47:00.003+05:30

Nifty :: Long Lagged white Doji bullish candle, and again with low volume.. NSI slightly move up even after strong surge… Bull-Bear Power indicator enter in buy zone.. All short term indicator in up trend.. Mean short term momentum bullish.. And again we repeat from hear its only corrective up, be careful in long position at higher level.. Watch strong resistance for 16^th Sep. 5131 and above it 5170/5187,and support 5028/5017.. Our strategy in intraday treading, if Nifty open gap up and face resistance near above level then only use sell at high with small and strictly S.L 5187.. In correction watch support 5028/5017 and if Nifty hold this support then change strategy as buy in dip ONLY for small up with small and strictly S.L 5000.. Resistance for up move at 5114/5131/5156/5170/5187.. Supports at 5048/5037/5028/5017/5000..

(1) Nifty Chart & Levels For 15/09/2011 ::

2011-09-15T08:46:00.003+05:30

Nifty :: White Double Piercing Line bullish candle pattern.. Advance indicator NSI in uptrend. Bull-Bear Power indicator moving up for sell to neutral zone.. All short term indicator again turn up from oversold region.. Multiple bottom made near 4900, now as far as Nifty hold 4900 momentum seems side way’s up, for short term.. For 15^th Sep intraday treading watch support 5000, resistance 5046 and use buy ONLY in deep strategy with strictly S.L 4979... Above 5046 momentum slightly turn strong.. Resistance for up move at 5030/5046/5071/5088/5113.. Supports at 5000/4979/4953/4937/4900..

(1) Nifty Chart & Levels For 13/09/2011 ::

2011-09-13T08:46:00.003+05:30

Nifty :: Engulfing bearish candle pattern continuous, Body gap down looks like western gap down candle and again with low volume.. NSI near low, Bull-Bear Power indicator in sell mode.. Overall momentum bearish but due to advance indicator NSI it may be bounce from low.. Watch support 4892, as far as Nifty hold support 4892 use buy in deep strategy in intraday treading on 13^th Sep. with strictly S.L 4877.. Resistance for up move at 4970/4985/4998/5026/5031.. Supports at 4924/4911/4892/4877..

(1) Nifty Chart & Levels For 12/09/2011 ::

2011-09-11T23:02:00.004+05:30

Nifty :: Engulfing bearish candle pattern with body reversal candle of previous bullish trend.. Generate aggressive sell signal with S.L 5121.. Advance indicator NSI exactly as per Friday post, turn down with negative divergence.. Bull-Bear Power indicator turn down from buy to neutral zone.. All short term indicator turn down from overbought region.. Now as far as Nifty stay below 5121 use sell ONLY at high strategy with small and strictly S.L 5073 & second one 5121.. In gap down watch strong support zone 4998 to 4943.. Resistance for up move at 5073/5098/5121/5158.. Supports at 5046/5030/4998/4943..

(1) Nifty Chart & Levels For 09/09/2011 ::

2011-09-09T08:40:00.002+05:30

Nifty :: Exactly as per yesterday post Nifty correct after open and bounce sharp from lower support level.. Today we post chart of our advance indicator NSI be half of Nifty.. Just check first negative divergence near top.. Still breakdown required of red line for short term correction conformation. Till then as per our hole week posting all you know Nifty already enter in target and strong resistance zone.. Be careful at higher level.. Watch first resistance near 5183 and second strong resistance in between 5202 to 5227 and use sell at high strategy with strictly and small stop-loss 5229.. If Nifty correct from high, In correction watch strong support zone in between 5081 to 5072, and IF Nifty hold this support zone then change strategy as buy in dip with small and strictly stop-loss 5072.. Resistance for up move at 5169/5183/5202/5227.. Supports at 5120/5104/5081/5076/5072..

(1) Nifty Chart & Levels For 08/09/2011 ::

2011-09-08T02:49:00.004+05:30

Nifty :: Body Gap up bullish candle with volume.. Gap open with volume suggest strong bullish structure.. NSI in up trend.. Bull-Bear Power indicator in buy mode.. Short term indicator in overbought region.. As per last advance multiple post we clearly mention about multiple resistance zone start from 5100 level to 5323 level.. Be careful in extended gap up open with international market support.. Watch strong resistance zone 5197 to 5229 and IF Nifty face resistance in between 5197 to 5229 then in intraday treading use sell at high strategy with strictly and small S.L 5229.. If Nifty open flat or down or correct from high, watch strong support zone 5073 to 5100 and change strategy as buy in deep (S.L 5073) sell at high.. Resistance for up move at 5148/5178/5197/5209/5229.. Supports at 5100/5073/5064/5045/5032..

(1) Nifty Chart & Levels For 07/09/2011 ::

2011-09-07T08:43:00.002+05:30

Nifty :: Bullish Takeover candle with high volume.. NSI slightly turn up from low.. Bull-Bear power indicator still in buy mode.. Short term indicator in overbought region.. Due to multiple resistance zone at high be careful in extended up.. As far as Nifty stay above 5052, use buy ONLY in deep strategy with small and strictly S.L 5052.. Resistance for up move at 5105/5115/5135/5154/5187.. Supports at 5052/5024/4994/4975..

(1) Nifty Chart & Levels For 06/09/2011 ::

2011-09-06T08:36:00.003+05:30

Nifty :: Bullish candle with average volume.. NSI still in down trend but not correct too much.. Bull-Bear Power indicator in buy mode.. Short term indicator in down trend.. An confusion sign.. As per weekly Monday post corrective move already touch target zone.. But still some strength may be there as far as Nifty hold support 4946 today.. Be careful in shorting at low, and if Nifty hold support 4976/4964 use buy only in deep strategy in intraday treading for small up swing with S.L 4946.. Resistance for up move at 5030/5038/5057/5078.. Supports at 4996/4976/4964/4946/4917..

(1) Nifty Chart & Levels For 05/09/2011 ::

2011-09-05T01:07:00.003+05:30

Nifty :: Running as Cycle Double Zigzag W-X-Y of Y wave .. Still Y target pending in between 4600 to 4200 (Count valid if Nifty stay below 5400 level in coming day’s).. Currently move as b of Y and its already enter in target zone 5100 to 5400..

Till then On Friday 2^nd Sep made High wave Body gap up bearish candle pattern with volume.. NSI still in down trend but in buy zone.. Bull-Bear Power indicator in buy zone.. Short term indicator enter in overbought zone.. As per Friday post multiple strong resistance on the way.. Be careful at high, do intraday trade only for small swing with small stop-loss.. Watch one level 5064, above 5064 momentum seems up and use buy in deep strategy with S.L 5064, below 5064 momentum down and up to 5064 use sell at high strategy with S.L 5064.. Resistance for up move at 5048/5064/5077/5108.. Supports 5002/4993/4974/4956..

(1) Nifty Chart & Levels For 02/09/2011 ::

2011-09-02T02:35:00.003+05:30

Nifty :: Body gap up bullish candle with average volume.. Even Nifty close at high, NSI turn down from top as per 30^th post,.. Bull-Bear Power indicator still in buy mode.. All mid term indicator in up trend but short term indicator touch overbought region.. Final conclusion momentum is up as far as Nifty stay above 4915, but required short term correction from high due to NSI and short term indicator.. Watch two strong resistance 5014 and 5049, as far as Nifty face resistance near this two level use sell at high strategy (S.L 5049) in intraday treading on 2^nd Sep.. (Above 5049 next strong resistance zone 5100 to 5230).. Watch strong support 4978, momentum turns weak only below 4978, till then avoid shorting at low.. Use sell only at high or below 4978 for small down swing.. Resistance for up move at 5014/5028/5049.. Supports at 4978/4952/4940/4927/4915..

(1) Nifty Chart & Levels For 30/08/2011 ::

2011-08-30T08:34:00.002+05:30

Nifty :: Exactly as per yesterday post above breakout of 4865 heading towards target zone 4975 to 5000 level, made White Double Piercing Line candle pattern .. Bullish bottom formation for short term.. NSI zooming up from bottom to top.. Bull-Bear Power indicator now enter in buy zone.. All indicator turn up from oversold region with positive divergence.. Now as far as Nifty stay above 4800 momentum seems up for short term.. But due to advance indicator NSI, be careful in intraday trading at extended high or gap up opening.. Use buy only in deep strategy with S.L 4892.. Watch one level 4892, above 4892 momentum seems up, below 4892 momentum once again turn down for small down swing in intraday treading.. Resistance for up move at 4935/4952/4976/4997/5014.. Supports at 4892/4872/4829/4800..

(1) Nifty Chart & Levels For 29/08/2011 ::

2011-08-29T08:39:00.002+05:30

Nifty :: Bearish candle breakdown but with low volume.. Extended oversold indicator with positive divergence.. NSI touch all time low and must be bounce.. Bull-Bear Power indicator in sell mode but turn up from low.. Now in coming day’s, no shorting and use buy in deep strategy up to strong & major support zone 4667 to 4650 (S.L 4650).. From this level or from given support zone level, Nifty may try to touch minimum level 4975 to 5000 in coming day’s .. Watch first breakout level 4865 for up move.. Resistance for up move at 4794/4828/4837/4852/4865.. Supports at 4736/4720/4700/4675/4667..

(1) Nifty Chart & Levels For 26/08/2011 ::

2011-08-26T08:38:00.000+05:30

Nifty :: An insider breakdown with volume.. NSI in downtrend but near to multiple low support.. Bull- Bear Power indicator still in sell mode.. All short term indicator in oversold region. No way for shorting at low.. Yes still political issue alive, but its danger to sell in extended low.. Watch next breakdown/support level 4796 and closing level 4806.. Till then avoid sell at low.. Even if after breakdown selling please book fast profit in any sell.. Now hold long position only above 4900.. Our strategy on 26^th Aug. up to 4796 use buy ONLY in deep with small and strictly S.L 4796.. Resistance for up move at 4869/4896/4916.. Supports at 4825/4811/4796/4775/4755..

(1) Nifty Chart & Levels For 25/08/2011 ::

2011-08-25T07:29:00.003+05:30

Nifty :: An insider bar with bearish candle pattern.. Volume still low even near future and option expire day.. As per yesterday post political issue is still there, be careful in any side, use titan stop in profit.. NSI in down trend.. Bull-Bear Power indicator still in sell mode.. All indicator in oversold region.. Watch insider day breakout 4966 & breakdown 4863 for major swing.. Till then in intraday small swing watch one level 4887, above 4887 momentum seems up, below 4887 momentum down.. Trade accordingly above or below 4887 for small swing only with S.L 4887..Resistance for up move at 4915/4929/4958/4966/4998..Supports at 4875/4863/4841/4828/4808..

(1) Nifty Chart & Levels For 24/08/2011 ::

2011-08-24T01:56:00.002+05:30

Nifty :: Engulfing bullish candle pattern conformation with low volume.. NSI turn down from high.. Bull-Bear Power indicator still in sell mode.. Indicator turn up from oversold with positive divergence.. Overall short term momentum up, but still political issue is there.. Be careful in extended high with support of international market.. Use strictly revise profit stop in any positional buying.. As far as Nifty stay above 4910/4896 momentum seems up for short term and use buy ONLY in deep strategy with S.L 4896.. For small intraday swing watch one level 4950, above 4950 momentum seems up, below 4950 momentum down .. Trade accordingly above or below 4950 with S.L 4950.. Resistance for up move at 4966/4980/4998/5019/5044.. Supports at 4919/4910/4796..

(1) Nifty Chart & Levels For 23/08/2011 ::

2011-08-23T02:24:00.004+05:30

Nifty :: Engulfing bullish candle pattern but again with low volume.. Still last gap resistance open up to 4932.. NSI in up trend with positive divergence, but near to multiple resistance zone.. Bull-Bear Power indicator still in sell mode.. All indicator turn up from oversold region.. Confusing sign.. Avoid buying in extended high.. In intraday treading on 23^rd Aug. Watch support 4821/4808, As far as Nifty stay above this two level use buy only in deep strategy with S.L 4796.. Resistance for up move at 4932/4950/4962/4992.. Supports at 4867/4843/4821/4808/4796..

(1) Nifty Chart & Levels For 22/08/2011 ::

2011-08-22T01:21:00.004+05:30

Nifty :: Finally before new high Nifty touch 4800 levels as we say from 5700 levels.. Still mid term momentum down with political uncertainty, but in short term avoid shorting at extended low.. Nifty made Black Doji candle with Doji Star Reversal candle pattern… Wait for conformation of bottom formation and enter with low strictly S.L.. NSI turn up with positive divergence.. Bull-Bear Power indicator in sell mode.. All indicator in oversold region.. On 22^nd Aug intraday treading watch support 4796/4786, as far as Nifty hold above this two support level use buy in deep strategy with strictly S.L 4773/4770.. Resistance for up move at 4853/4875/4893 to 4932/4946.. Supports at 4815/4796/4786/4773..

(1) Mcx Gold Chart & Levels For Coming Day's ::

2011-08-21T22:48:00.003+05:30

Mcx Gold :: Everything depends on global manipulated trend .. In Mcx running as Cycle Zigzag C of Super Cycle Zigzag C .. Both extended target of C, match near 28.000.. Now be careful at higher level in extreme overbought market.. In international market 22 month top cycle month on September – October.. May be international Gold form top in between this two month OR already formed in Aug. 2011.

If Cycle Zigzag C running as impulse and 3^rd or c target still pending, it may be touch 30,000 to 31,000 in near future.. But now onwards avoid to give long commitment at higher level..

(1) Nifty Chart & Levels For 16/08/2011 ::

2011-08-16T01:44:00.003+05:30

Nifty :: Engulfing line bearish candle pattern with volume.. Once again Momentum turn down before gap resistance zone.. As we say in earlier post overall momentum looks bearish as far as gap is open .. NSI still in down move.. Bull-Bear power indicator in side way’s.. Short term indicator in up trend.. Confusion sign for short term intraday treading.. No option wait for correction watch support level 5053/5042/5001.. If hold above any of given three support, then use buy in deep strategy, in intraday treading on 16^th Aug. with S.L 5000.. If Nifty move up with international market support watch resistance 5140/5149 and changes strategy in intraday, as sell at high (S.L 5197) buy in deep.. Resistance for up move at 5116/5121/5140/5149.. Supports at 5062/5053/5042/5029/5001..

(1) Nifty Chart & Levels For 12/08/2011 ::

2011-08-12T08:43:00.003+05:30

Nifty :: Whit Inverted Hammer looks like Shooting Star Candle pattern but with low volume.. NSI exactly turn down from top as per yesterday post, but still in buy zone.. Bull-Bear Power indicator in side way’s.. Short term indicator moving up from oversold region.. Overall Mid term momentum still down, but short term strength still there.. As far as Nifty hold support 5121 and 5103 use buy in deep strategy with strictly S.L 5094.. Due to mid term bearish momentum avoid to long commitment at extended high.. Resistance for up move at 5172/5198/5229/5234.. Supports at 5133/5121/5103/5094..

(1) Nifty Chart & Levels For 11/08/2011 ::

2011-08-11T08:48:00.004+05:30

Nifty :: Body Gap up bear candle with low volume.. NSI touch top resistance in just two day’s.. Bull-Bear power in neutral zone.. All short term indicator turn up from oversold zone.. Still strong gap hurdle is there, avoid to give long commitment at higher level due to gap strong resistance zone with NSI top, it must be correct from high again. Use buy ONLY in deep strategy in intraday treading on 11^th Aug. with S.L 5123 or maximum S.L 5091.. Resistance for up move at 5192/5228/5244/5272.. Supports at 5137/5123/5110/5091..

(1) Nifty Chart & Levels For 10/08/2011 ::

2011-08-10T09:03:00.003+05:30

Nifty :: Three Gaps down bullish candle with volume.. NSI turn up from bottom.. Bull-Bear power indicator still in sell mode.. All indicator turn up from oversold region.. Use buy ONLY in deep strategy in intraday with S.L 5004.. Overall mid term momentum still down.. Be careful in gap up or in between gap resistance area 5229 to 5323 and avoid to give long commitment at higher level.. Resistance for up move at 5129/5155/5193/5225.. Supports at 5056/5024/5004..