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Monday, January 24, 2011

(2) Nifty Chart & Levels For 24/01/2011 ::


Nifty :: White Spinning Top Neutral direction candle with low volume.. An insider day.. No option wait for breakout of 5748 (strong resistance) and breakdown of 5624 (strong support) for major move. Minor breakout level 5729 and breakdown 5634.. Till then for intraday watch 5705/5714..Up to 5705 momentum seems down, above 5714 momentum slightly turn up for 5729/5742. Trade accordingly above or below this two level 5714/5705 for small swing in intraday.. Resistance for up move at 5705/5729/5742/5748/ 5779.. Supports at 5674/5642/5634/5624..

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