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Friday, April 15, 2011

(1) Nifty Chart & Levels For 15/04/2011 ::


Nifty :: Engulfing line bullish long candle but again with low volume.. Still 3 River Black Star bearish candle pattern valid as far as Nifty stay below 5944.. NSI again touch higher multiple resistance zone.. Be careful at extended high in short covering rally.. Watch one level in intraday treading on 15th April. 5900, Above 5900 momentum seems up, below 5900 momentum once again turn weak.. Trade accordingly above or below 5900 for small swing only with next level stop loss and wait for conformation of short term major swing.. Resistance for up move at 5927/5944/5969/5981.. Supports at 5900/5866/5853/ 5830…

Posted by MY CHART at 4/15/2011 02:45:00 AM

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