(1) Nifty Chart For 02/09/2010 ::
Nifty :: Doji and Hammer conformation pattern generate strong buy signal.. But again buy signal with low volume.. Bias turn positive but still price and time negative.. NSI near its extreme.. We clearly indicate such kind of up and down swing from last one week with our Historical Volatility Chart.. Slowly- slowly volatility increase and we see sharpe up and down price momentum in coming day’s.. Still all extra indicator negative, with price breakdown..Those who buy at low as per our last two day post please book positional profit at higher level.. Be careful at higher level in manipulated rally. Our strategy for 2nd Sep if Nifty open gap up due to international market rally, watch resistance 5514/5529, if face resistance near this two level then ONLY sell at high (S.L 5550) buy in deep (S.L 5445).. Avoid shorting once Nifty break 5529 in intraday.. Resistance for up move at 5495/5514/5529/5550.. Supports at 5457/5445/5413..