(1) Nifty Chart For 29/11/2010 ::
Nifty :: Exactly hold and given close above 4th trend line breakdown level 5700.. Now in next week 5734 works as an important closing level.. NSI in its extreme, break last support 10 and given strong conformation of mid term correction, near extreme low, must be bounce in next week or on Monday.. On 29th Nov. watch support 5734 and below it Friday low 5690.. As far as hold this two support, use buy in deep strategy with S.L 5690.. Below 5690 watch strong support zone 5662 to 5631 and again go for buy with strictly stop loss 5631.. Always avoid shorting in extreme.. Resistance for up move at 5770/5783/5847.. Supports at 5741/5734/5706/5690…And 5662/ 5640/5631..