(1) Nifty Chart For 23/12/2010 ::

Nifty :: In complete Dark Cloud Cover bearish candle pattern with an outsider bar.. Volume again low.. Forth side way day as per NSI.. No way, watch breakout level 6024 and breakdown level 5958..Till then in intraday on 23^rd Dec watch one important level 5989, above 5989 momentum seems up, below 5989 momentum down.. Trade accordingly above or below 5989 for small swing only…. Watch 5958 below 5958 next strong support 5948 and strong support zone 5922 to 5900...Higher side Strong resistance zone 6024 to 6052.. Our strategy for 23^rd Dec. if Nifty hold support 5948 then buy in deep (S.L 5948) sell at high.. Below 5948 wait for next support 5922 and then again go for buy (S.L 5900) sell at high.. If Nifty move up above 5989 then buy and watch given strong resistance level, if face resistance at any of highlighted resistance level then change strategy as sell at high (S.L 6062) buy in deep.. Resistance for up move at 6007/6024/6040/6052/6062.. Supports at 5955/5948/5922/5909/5900..