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Monday, April 11, 2011

(1) Nifty Chart & Levels For 11/04/2011 ::


Nifty :: 3 River Black Star bearish candle pattern conformation, and weekly small Doji Star Reversal, possible top candle with volume.. All short term indicator turn down from overbought region.. But our NSI advance predictor indicator near strong multiple support zone.. Mean be careful here and ready for both side move.. For major short term move watch below 5822, strong support zone 5791/5783, as far as Nifty hold level 5791 be careful in shorting at lower level and use buy ONLY in Deep strategy near support with small but strictly stop loss 5783.. Till then in intraday treading watch one level 5850, above 5850 momentum seems up, below 5850 momentum turn down.. Trade accordingly above or below 5850 for small swing only.. Resistance for up move at 5860/5874/5897/ 5906/5913.. Supports at 5822/5809/5791/5783..

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