(1) Nifty Chart For 27/10/2010 ::

Nifty :: Black Spinning top neutral direction candle with bearish Engulfing line candle and Black Star Reversal candle pattern.. All bearish candle structure required conformation in next candle.. Next candle must be close in red with lower low.. Till then play intraday and watch major breakout 6163 and breakdown 6055.. For 27th Oct. Watch one level 6090, above 6090 momentum seems up, below 6090 momentum turn down.. Trade accordingly above or below for buy and sell for small gain.. If Nifty move up above 6090, watch strong resistance 6113 if face resistance then change strategy as sell at high (S.L 6120) buy in deep(S.L 6055).. If Nifty turn down below 6090 watch support 6074/6055 and change strategy as buy in deep(S.L 6055) sell at high (S.L 6120)..
avoid buy in deep, once Nifty break 6055.. Resistance for up move at 6113/6120/6151/6163.. Supports at 6074/6055/6041/5997...