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Tuesday, October 26, 2010

(1) Nifty Chart For 26/10/2010 ::


Nifty :: White Doji candle with average volume.. Possible reversal sign from strong resistance zone, but conformation required in next candle.. For 26th Oct watch breakout level 6164 and breakdown level 6037.. Minor swing treading support at 6080 and minor swing treading resistance 6148.. Up to major trend breakout use minor swing treading levels.. Our strategy for 26th Oct If Nifty open flat, up to 6080 buy in deep (S.L 6080) sell at high (S.L 6148).. If Nifty move up from support, watch resistance 6148 and change strategy as, sell at high (S.L 6164) buy in deep (S.L 6080).. Resistance for up move at 6126/6148/6164/6181.. Supports at 6080/6053/6037..

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