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Monday, December 06, 2010

(1) Nifty Chart For 06/12/2010 ::


Nifty :: Black Lower Shadow bearish candle and conformation of bearish Hangman, but again
with low volume.. As far as stay below 6030/6047 momentum seems down and use sell at high
strategy. In Friday treading exactly bounce from gap area support, NSI fallen sharply and touch
low, and that’s why avoid shorting at low up to 5964.. Watch first strong resistance 6022/ 6030/ 6047.. Above 6047 next strong resistance only at 6085/6091.. Supports at 5970/5964/5950..

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