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Wednesday, July 21, 2010

(1) Nifty Chart For 21/07/2010 ::


Nifty :: Neutral Body Reversal pattern & bearish Dead Cross but again with low volume.. Still no clear direction, our NSI index also close in neutral zone…As per yesterday post Nifty exactly correct from our resistance level and made low near strong support .. For 21st July watch important level 5370, above 5370 momentum seems up, below 5370 down.. Our strategy for 21st July if market open flat and move up then buy above 5370 with S.L 5355.. If market open gap up then wait and watch resistance above 5400 and change strategy as sell at high (strictly S.L 5416) buy in deep (S.L 5370).. Below 5370 stay in sell with S.L 5416. Resistance for up move at 5401/ 5408/5416/5424/5454.. Supports at 5355/5344/5317/5300..

Posted by MY CHART at 7/21/2010 03:02:00 AM

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