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Friday, August 27, 2010

(1) Nifty Chart For 27/08/2010 ::


Nifty :: White Spinning Top neutral direction candle with Thrusting line neutral direction candle pattern.. Volume high due to expire day.. After breakdown of NSI, now its facing strong resistance at high near 50/60 level.. Avoid buy at high, still overall momentum down. All indicator in sell mode.. One more sharpe jump possible in Vix after small decline.. Volatility still at low.. Each and everything against manipulated rally.. Once again we repeat be careful at higher level.. In intraday trading watch first strong support 5452, and one level 5467.. Above 5467 momentum side way up, below 5467 momentum down.. Our strategy for 27th Aug sell at high (S.L 5529) buy in deep (S.L 5400).. Resistance for up move at 5488/5506/5512/5529.. Supports at 5452/5440/5430/5410/5400..

Posted by MY CHART at 8/27/2010 02:27:00 AM

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