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Thursday, October 07, 2010

(1) Nifty Chart For 07/10/2010 :;


Nifty :: After two bearish candle pattern Nifty made an white upper shadow bullish candle with volume.. As per yesterday post exactly came down from resistance 6222.. Now higher side 6223 works as important resistance and down side 6118/6109 works as important support in coming day’s.. Till then wait and watch and trade in intraday for small swing.. Our strategy in intraday for 7th Oct. watch first resistance 6214 and second 6223, if Nifty face resistance at high then sell at high (S.L 6223) buy in deep (S.L 6148).. If Nifty came down watch support 6134/6118, if hold support then change strategy as buy in deep (S.L 6109) sell at high (S.L 6222).. Resistance for up move at 6214/6223/6247/ 6278/6291.. Supports at 6148/6134/6118/6109…

Posted by MY CHART at 10/07/2010 02:34:00 AM

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