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Wednesday, December 22, 2010

(1) Nifty Chart For 22/12/2010 ::


Nifty :: Body Gap Up bullish candle and White Spinning top neutral direction candle.. Exactly close at strong resistance 6000...An confusing sign.. Too many hurdles at higher side.. Momentum turns up only above 6019/6020.. Above it next strong resistance 6030.. One more strong resistance zone at higher side in between 6086 to 6100, if Nifty break last high 6069.. Avoid buying in gap up opining.. As far as stay above 5990 momentum seems up and use buy in deep strategy in intradaytreading with strictly S.L 5950 (5990).. Resistance for up move at 6019/6030/6059/6069/6092..Supports at 5990/5960/5955/5950..

Posted by MY CHART at 12/22/2010 02:42:00 AM

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