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Thursday, January 27, 2011

(1) Nifty Chart With Levels For 27/01/2011 ::


Nifty :: We clearly told in our 25th post, that be careful above 5800 and Nifty exactly fall sharp from high above 5800.. Made an Engulfing bearish candle pattern, required conformation in next candle.. Next candle must be break last candle low (5680)and close in red.. Till then watch multiple strong support at low and use buy in deep strategy in intraday with (Strictly S.L 5624) and sell at high (S.L 5764).. Watch 5697, above 5697 momentum slightly turn positive in intraday treading.. But at high, be careful, NSI and short term indicator, both turn down sharp on 25th Jan…Resistance for up move at 5697 /5722/5753/5764.. Supports at 5674/5648/5634/ 5625..

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