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Wednesday, April 20, 2011

(1) Nifty Chart & Levels For 20/04/2011 ::


Nifty :: Thrusting line bullish candle pattern but with low volume.. NSI and indicator turn up from bottom and in buy zone.. Now as far as Nifty hold yesterday low 5693 use buy in deep strategy near 5700 with S.L 5693 in intraday treading on 20th April... Still too many hurdle at higher level.. Required straight, long, up, bullish candle for major gain in coming day’s.. Till then avoid to give long commitment at higher level or in gap up opining.. If Nifty face resistance at high near 5800 level then change strategy in intraday treading, as sell at high (S.L 5834) buy in deep for small down swing.. Resistance for up move at 5763/5786/5806/5834.. Supports at 5719/5702/5693..

Posted by MY CHART at 4/20/2011 02:59:00 AM

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