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Tuesday, April 05, 2011

(1) Nifty Chart & Levels For 05/04/2011 ::


Nifty :: Body gap up bullish candle with low volume.. 9th higher high without any big positive news, danger sign.. NSI turn down from top high given first sign of weakness.. Yes bias and momentum positive, so use sell ONLY at high strategy in intraday near resistance with next level stop loss and strictly last and maximum stop loss 5981.. Watch strong support 5856 & 5812, momentum turn negative for positional only below this two level.. Resistance for up move at 5918/5934/5942/5957/5977/5981.. Supports at 5882/5856/5833/5812..

Posted by MY CHART at 4/05/2011 02:14:00 AM

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