(1) Nifty Chart For 02/11/2010 ::

Nifty :: Body Gap up like Ladder Bottom bullish candle with Spinning top neutral direction candle.. Volume is very low against last week.. As per yesterday post Nifty open above strong resistance 6056 and made big gap between 6032 to 6084.. Now this gap area works as strong support if Nifty correct from high .. Still too many strong resistance at higher level with NSI near top resistance.. Be careful at higher level, use buy only in deep strategy in intraday with strictly stop loss 6037/32.. For intraday on 2nd Nov watch one level 6125, above 6125/6132 momentum seems up, below 6125 momentum down.. Trade accordingly above or below 6125 for small swing.. Our strategy if Nifty correct after open, watch gap support zone 6032 to 6084 and buy in deep (S.L 6032) Sell at high (S.L 6132).. If Nifty break 6125/32 and move up watch resistance 6151/6198 and change strategy as sell at high (S.L 6215) buy in deep (S.L 6125).. Resistance for up move at 6125/6132/6151/6198/6215.. Supports at 6084/6058/6050/6032..