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Wednesday, January 19, 2011

(1) Nifty Chart & Levels For 19/01/2011 ::


Nifty :: As we from last two day’s, finally Nifty hold 5640 and made, Thrusting line bullish candle pattern conformation, but with low volume.. NSI still in up trend.. Still some steam left in corrective up move as far as Nifty hold 5703.. For intraday treading on 19th watch first resistance 5730, above 5730 momentum once again turn strong till next resistance.. And watch strong support 5703, up 5703 use buy in deep strategy in correction with S.L of 5692.. Avoid buy in gap up opening, due to corrective up move with mid term bearish chart structure.. Resistance for up move at 5750/5764/5779/5791.. Supports at 5703/5692/5671/5641..

Posted by MY CHART at 1/19/2011 02:50:00 AM

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