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Tuesday, November 30, 2010

(1) Nifty Chart For 30/11/2010 ::


Nifty :: After three bearish Black Crow candle pattern, exactly as per yesterday post, white candle which break last candle high, and made strong bullish Falling Bottom Reversal candle pattern.. Volume is still low, wait for more volume with breakout.. Till then trade both side at high sell, and at low buy in intraday treading.. Our strategy for 30th Nov. if Nifty turn down after opining watch strong support zone 5819 to 5786 and buy in deep (strictly stop loss 5754) sell at high.. If Nifty move up watch first strong resistance zone above 5843 at 5855 to 5867, if face resistance near this zone then change strategy as sell at high (S.L 5867) buy in deep.. Above 5867 next strong resistance only at 5905/5938.. Resistance for up move at 5843/5855/5867/5905/5938.. Supports at 5819/5797/5786/5754..

Posted by MY CHART at 11/30/2010 02:58:00 AM

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