(1) Nifty Chart & Levels For 19/04/2011 ::

Nifty :: Long bearish body reversal body gap down candle but with low volume.. Overall future and option combine volume is high.. Important breakdown and made lower top lower bottom.. NSI also given breakdown of multiple support zone, near too low.. Now on 19^th April. Watch first strong support zone 5700 to 5717, below it next strong support zone near 5650 to 5672, and third strong support zone near 5615 to 5580.. If Nifty hold first support zone, chance is less for strong up move, it must be correct again from high.. Mean watch second and third support zone only in gap down opining for short term buying with next support level strictly stop loss .. Our strategy for 19^th if market open gap down, wait till settle near any of given support zone, if hold support zone, then use buy in deep strategy with support zone last level stop loss.. Resistance for up move at 5742/5783/5807.. Supports at 5717/5700/5672/5665/5650..and last support zone 5615 to 5580..