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Thursday, February 03, 2011

(1) Nifty Chart & Levels For 03/02/2011 ::


Nifty ::An Insider bar with Homing Pigeon rare bullish candle pattern.. As we say from last week 5400 to 5350 works as strong support, Nifty still hold 5400 level, now as far as hold 5400, use buy in dip strategy (S.L 5375) and avoid shorting at higher level above last resistance breakout level.. Till then for small swing, in intraday treading watch one level 5442, above 5442 momentum seems up, below 5442 momentum down. Trade accordingly above or below 5442 for buy or sell with small stop loss.. Resistance for up move at 5442/5455/5472/5506/5526.. Supports at 5415/5402/5391/5375..

Posted by MY CHART at 2/03/2011 08:15:00 AM

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