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Friday, September 24, 2010

(1) Nifty Chart For 24/09/2010 ::


Nifty :: Bearish Harami line conformation pattern, generate sell signal.. As per yesterday post NSI exact give first sign of market move on next day.. Bounce from low in morning due to NSI up move.. Today at closing NSI slightly turn down, may be due to strong support zone at lower level even after market correct fast in last hour.. Those who shorted at top now revise there stop loss 6000, to protect profit. Now for more bearish structure Nifty required to close below 5900 for two day’s.. On 24th Sep watch strong support zone 5925 to 5891.. As per NSI again small bounce possible from this support zone in intraday.. Our strategy for 24th Sep watch above support zone in gap down opining, If Nifty hold above support zone then buy in deep (S.L 5891) sell at high (S.L 6000).. If Nifty open flat and move up then change strategy as sell at high (S.L 6000) buy in deep (S.L 5891).. Resistance for up move at 5976/6000/6037/6046.. Supports at 5940/5925/5916/5904/5891…

Posted by MY CHART at 9/24/2010 01:32:00 AM

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