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Friday, October 01, 2010

(1) Nifty Chart For 01/10/2010 ::


Nifty :: Bullish candle with volume, but continuation of Dark Cloud cover bearish candle pattern.. As far as Nifty stay below 6074 and above 6004 short term momentum seems side way.. Due to last hour up move NSI slightly turn up, may be small bounce possible, but overall momentum down.. Stay in short only at higher level with strictly first momentum stop 6074 and last stop 6121.. For intraday swing player watch one level 6025.. Above 6025 momentum up, below 6025 down..Mean above 6025 buy for small up swing, below 6025 sell for small down swing, and wait for breakout (6074) or break down (6004) level for major swing in intraday.. Resistance for up move at 6050/6074/6098/6121.. Supports at 6004/5980/5967/5963/5932...

Posted by MY CHART at 10/01/2010 02:28:00 AM

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