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Thursday, May 05, 2011

(1) Nifty Chart & Levels For 05/05/2011 ::


Nifty :: Exactly intraday bounce from low, as per our yesterday post.. Made Black Lower Shadow bearish candle with low volume.. NSI sharply turn up from bottom.. Short term indicator now turn up from oversold levels.. As far as Nifty hold 5504/5480 levels use buy ONLY in deep strategy near lower support level, in intraday treading on 5th May, with strictly and small stop loss 5503 or 5465.. Resistance for up move at 5560/5580/5607/5630.. Supports at 5513/5504/5480/5467..

Posted by MY CHART at 5/05/2011 02:16:00 AM

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