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Friday, August 13, 2010

(2) Nifty Chart For 13/08/2010 ::


Nifty :: Black Doji line with Black Doji Star Reversal pattern. Again sharpe bounce with low volume.. Our NSI still below strong resistance level 60.. Neglect possible reversal, may be its corrective bounce only… For next move, closely watch NSI breakout level 60 or Nifty breakdown level 5350.. Yesterday candle pattern generate conservative trader sell signal, those who sell at high, revise there stop loss at 5445 or maximum 5493.. For 13th Aug watch one level above 5406 momentum seems up, below 5406 momentum turn down.. Our strategy for 13th Aug sell at high (S.L 5445/5455) buy in deep (S.L 5387).. Resistance for up move at 5440/5445/5455/5474.. Supports at 5406/5387/5372/5350..

Posted by MY CHART at 8/13/2010 03:21:00 AM

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