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Monday, November 01, 2010

(1) Nifty Chart For 01/11/2010 ::


Nifty :: Black Doji bullish candle with Harami Black Cross possible reversal pattern.. NSI turns up from support.. Closing above H&S neck line.. May be short term bottom created as far as stay and close above 5966.. For Monday watch one level 6015.. Above 6015 momentum seems up, below 6015 momentum turn down.. Our strategy for 1st Nov.. If Nifty open flat buy in deep up to strong support 5994 (S.L 5968) Sell at high (S.L 6056).. If Nifty move up, watch strong resistance 6043/6056, and change strategy as sell at high (Strictly S.L 6056) buy in deep (S.L 5994). Avoid sell above 6056, next sell level only above 6100.. Resistance for up move at 6029/6043/6056/ 6075/6112.. Supports at 5994/5968/5937..

Posted by MY CHART at 11/01/2010 01:57:00 AM

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