(1) Nifty Chart For 06/08/2010 ::
Nifty :: Black Spinning top neutral direction candle and bearish Black Star reversal, bearish Dark Cloud cover pattern with volume.. Generate once again aggressive sell signal with stop loss of 5487.. NSI still in neutral zone but with long bearish divergence.. All end of day indicator in bearish divergence.. As we say rhythm already damage last week.. In technical terms each and everything suggest sell at higher level for aggressive trader.. Conservative trader waits for breakdown of 5426, with breakdown of NSI 40 level for short term positional sell.. Our strategy for 6th Aug up to 5487 sell at high (S.L 5511) buy in deep (S.L 5426).. Resistance for up move at 5457/5487/5511/ 5524... Supports at 5439/5426/5397/5350..