(1) Nifty Chart For 19/11/2010 ::

Nifty :: Homing Pigeon rare bullish candle pattern.. Strong bullish reversal pattern like Harami pattern.. Now for short term bottom already created with NSI support.. Decisive breakdown of last pivotal, Nifty given second major signal of mid term correction.. Will wait till last and final lower top lower bottom conformation of top formation.. Avoid buy at high, short term momentum now turn up, that’s why use buy only in deep strategy in intraday treading.. Our strategy for 19th Nov. If Nifty open gap up watch first resistance 6008. Above it momentum turns strong and use buy in deep strategy (S.L 5986) sell at high (S.L 6120).. If Nifty open too high watch resistance zone 6056 to 6120 and change strategy as sell at high, if face resistance near any of given levels ,(S.L 6120) buy in deep (S.L 5986)..Avoid buying if Nifty break 5986, then wait till next support 5970/5946 and buy (S.L 5906).. Resistance for up move at 6008/6040/6056/6070/6120.. Supports at 5986/5970/5946/5906..