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Friday, April 08, 2011

(1) Nifty Chart & Levels For 08/04/2011 ::


Nifty :: Black Spinning Top neutral direction candle with 3 River Evening Black Star reversal conformation .. NSI in down trend, but above breakdown level.. After 11 higher high Nifty made first lower low formation but above strong trend decider level 5856/ 5833.. Manipulated mid cap rally still on.. As far as Nifty stay above 5856 avoid sell near low.. Our strategy remain same as yesterday in intraday treading, sell ONLY at high with S.L 5944 and buy in deep.. Resistance for up move at 5906/5922/5944/5957/5981.. Supports at 5867/5856/5833..

Posted by MY CHART at 4/08/2011 02:51:00 AM

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