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Monday, August 23, 2010

(3) Nifty Chart For 23/08/2010 ::


Nifty :: Once again Black Spinning top with Black Star Reversal possible Top candle pattern.... NSI turn down from high with negative divergence.. Vix almost made bottom.. SMR close near 7, historical volatility made all time low.. Each and everything against bullish trend.. May be on Monday 23rd Aug Nifty open gap down.. Aggressive trader sell signal already generate on Friday with strictly stop loss 5550.. Conservative trader watch strong support level 5513/5505 and enter short only below this two level.. Our strategy for 23rd Aug sell at high (Strictly S.L 5550) buy in deep (S.L 5505).. Resistance for up move at 5541/5550/5573/5607.. Supports at 5513/5505/5494/5478..

Posted by MY CHART at 8/23/2010 02:09:00 AM

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