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Monday, October 11, 2010

(1) Nifty Chart For 11/10/2010 ::


Nifty :: Engulfing bearish line conformation candle pattern with volume.. Generate sell signal for conservative trader, Rhythm already damage, but due to bounce from strong support, sell only at higher level with strictly stop loss 6223..Intraday trader watch one level 6120, above 6120 momentum seems up, below 6120 momentum down.. Watch 6120 and trade accordingly at any side for small gain only.. Resistance for up move at 6120/6145/6151/6163/6189.. Supports at 6096/6066/6061/6028/6022..

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