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Friday, April 29, 2011

(1) Nifty Chart & Levels For 29/04/2011 ::


Nifty :: Body reversal candle of previous bullish trend with volume.. Breakdown of important support 5791, but still hold strong support 5776/5777.. NSI slightly turn up. Still confusion sign.. Now watch two levels 5777 and 5820.. Momentum once again turns up above 5820, and turn down below 5776, for next strong support 5736.. Till then trade carefully for small swing only.. Mean if Nifty hold 5777 use buy in deep strategy for small up swing (S.L 5776), below 5776 stay in sell again, if face resistance near 5820 use sell at high strategy for small down swing (S.L 5820), and stay in buy position again above 5820.. Next level stop loss must be in any side in manipulated market. Resistance for up move at 5820/5827/5856/5881/5895.. Supports at 5777/5758/5736/5706…

Posted by MY CHART at 4/29/2011 02:02:00 AM

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