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Thursday, September 30, 2010

(1) Nifty Chart For 30/09/2010 ::


Nifty :: Dark Cloud Cover bearish candle pattern conformation with volume.. Short term indicator turn down from overbought region.. Market breath extreme negative in normal red candle.. NSI and Nifty both just close above strong support zone.. Now yesterday low and close 5980/5991 works as important level for 30th Sep. Watch this two level and trade accordingly.. If hold this two support then buy if break then sell for intraday.. Below 5980 next strong support level and mid term trend decider level 5932.. Higher side now almost double top region 6074 works as strong resistance in coming day's.. Resistance for up move at 6018/6050/6074/6110.. Supports at 5980/5968/5950/5932..

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