(1) Nifty Chart For 10/12/2010 ::
Nifty :: Unbelievable hammering even after oversold condition.. NSI near all time low with oversold short term indicator.. It must be bounce from low.. Be careful and avoid shorting at low.. Stay in side, if Nifty correct then wait for settled down.. If its hold any of given support, catch it with intraday low strictly stop loss.. Resistance for up move at 5780/5823/5867/5878/5894.. Supports at 5742/5709/5690/5671/5653..