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Wednesday, September 29, 2010

(1) Nifty Chart For 29/09/2010 ::


Black Doji line with once again two bearish candle pattern, Black Doji Star Reversal and Dark Cloud Cover bearish pattern..Strong reversal pattern in end of day candle.. But bounce from low in last hour and NSI slightly turn up, Us market in green last night..No option in intraday, go with trend only.. Watch one level 6026, above 6026 momentum seems up, below 6026 momentum down.. Above 6026 watch next strong resistance 6074/6097.. And down side, below 6026 next strong support 5991/5980.. As far as Nifty hold support 5980 sichueation under control for bulls... Our strategy for 29th Sep. above 6026 buy in deep (S.L 5980) Sell at high (S.L 6097).. If Nifty open gap up then watch given strong resistance, if face resistance at high then change strategy near resistance as sell at high (S.L 6129) buy in deep (S.L 6026).. Resistance for up move at 6050/6074/6097/6129.. Supports at 6004/5991/5980/5950/5932..

Posted by MY CHART at 9/29/2010 01:57:00 AM

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