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Thursday, March 17, 2011

(1) Nifty Chart & Levels For 17/03/2011 ::

Nifty :: Body gap up bullish candle but again with low volume.. Made almost double top near 5537.. NSI again touch top resistance.. As per chart extreme sideways momentum.. Due to double top and international market correction, use sell at high strategy in intraday treading with stop loss 5537 or maximum 5563.. Watch first support 5480/5475 if Nifty break 5475 next support at 5456/5435 and last one 5399/5373.. Avoid shorting near any of above support if market open gap down, wait for corrective up then sell with next level stop loss..

Posted by MY CHART at 3/17/2011 02:33:00 AM

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