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Thursday, November 18, 2010

(1) Nifty Chart For 18/11/2010 ::


Nifty :: An outsider day with Bearish Engulfing candle pattern in correction.. Suggest possible reversal for short term.. NSI given conformation of mid term correction but, at closing near extreme bottom and support level 10.. Bounce may possible from low.. In intraday treading watch one level, above 5981 momentum seems up, below 5981 momentum turn down.. Trade accordingly above or below this level...Our strategy for 18th Nov.. If Nifty open down watch support level at low and use buy in deep strategy (S.L 5937).. Or go for buy above 5981/5988..(S.L 5970).. Resistance for up move at 6006/6040/6056/6078.. Supports at 5970/5963/5937…

Posted by MY CHART at 11/18/2010 12:27:00 AM

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