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Thursday, October 14, 2010

(1) Nifty Chart For 14/10/2010 ::


Nifty :: One bullish candle neglect all bearish chart pattern.. Breakout candle with volume.. As per chart, indicator still in negative divergence even after breakout.. NSI breakout of double top and heading towards strong resistance zone with negative divergence.. Manipulated rally still on, go with trend, but be careful at high.. Buy only in deep with strictly stop loss 6222 or maximum 6187.. Our strategy on 14th Oct. If Nifty open gap up watch given resistance and sell at high (S.L 6317) buy in deep (S.L 6222).. If Nifty open flat and hold support 6222 then buy in deep (S.L 6187) sell at high.. Resistance for up move at 6245/6262/6280/6317.. Supports at 6222/6200/6187/6152/6122..

Posted by MY CHART at 10/14/2010 02:47:00 AM

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