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Tuesday, November 09, 2010

(1) Nifty Chart For 09/11/2010 ::


Nifty :: Bearish Up Side 2 Crows candle pattern , but again with very low volume.. Just fill one gap with outsider bar, still three gaps left .. NSI near strong support zone after correction from high.. All gaps area works as strong support in this week.. Be careful in shorting near strong support zone 6233 to 6182 . Our strategy for 9th Nov. if Nifty open flat and move up watch resistance zone 6290 to 6303 and sell at high (S.L 6338) buy in deep(Avid shorting above 6303).. If Nifty open gap down watch first support 6265 and after it, watch next given support zone and change strategy as buy in deep (S.L 6182) sell at high (S.L 6290).. Resistance for up move at 6290/6303/6338/6358.. Supports at 6265/6233/6200/6182..

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