(2) Nifty Chart For 06/09/2010 ::

Nifty :: Black Spinning top neutral direction candle, third time bearish Black Star reversal pattern with Dark Cloud cover bearish candle patter generate aggressive sell signal with stop loss of 5514.. Historical volatility near all time low, as per today’s weekly post, India Vix near all time low. As per today’s chart Nifty nicely follow Gann angle with Gann box time and price square.. Currently facing strong resistance at higher level.. Once again we repeat, each and everything against manipulated bullish rally.. If Nifty move up from current level, be careful at higher level.. Our strategy in intraday, for 6^th Sep. If Nifty move down, watch strong support zone 5450 to 5465, and buy in deep (S.L 5450) sell at high (S.L 5514).. If Nifty move up after open then watch strong resistance 5506 to 5514, and if face resistance near this level then change strategy as sell at high (strictly S.L 5514) buy in deep (S.L 5450).. Resistance for up move at 5506/5514/5524/5550.. Supports at 5465/5455/5450/5431..