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Tuesday, July 13, 2010

(1) Nifty Chart For 13/07/2010 ::


Nifty :: White Spinning top, Stalled neutral directional candle with low volume.. Still facing hurdle near last high 5400...Still we advice, avoid buy at higher level. As per technical price moving up without any strength.. For 13th July watch one level 5376, above 5376 momentum seems up, below 5376 momentum down.. Our strategy same as yesterday sell near resistance with (S.L 5406) buy in deep (S.L 5300)..If Nifty break 5406 then change strategy as buy in deep (S.L 5376) sell at high (S.L 5446).. Resistance for up move at Resistance for up move at 5400/5406/5432/5446.. Supports at 5359/5351/5326/5300..

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