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Thursday, July 22, 2010

(1) Nifty Chart For 22/07/2010 ::


Nifty :: Belt Hold line bullish candle with volume.. Still facing resistance at higher level.. Our NSI index made small bearish divergence near resistance zone.. Now for 22nd July watch important level 5416.. Above 5416 momentum seems up, below 5416 momentum down.. One more important support 5384.. If Nifty break 5384 momentum turns bearish up to next final support 5355..Our strategy same as yesterday, up to 5416 sell at high (S.L 5454) buy in deep (S.L 5355)..Resistance for up move at 5416/5424/5454.. Supports at 5384/5355/5326/5317..

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