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Tuesday, May 10, 2011

(1) Nifty Chart & Levels For 10/05/2011 ::


Nifty :: After two year experiment, Introduce Bull-Bear Power, next day positional buy sell supporting indicator.. Currently enter in buy zone.. NSI turn down from high but in support buy zone.. Nifty made Black Hammer bullish candle but again with low volume due to corrective up.. Exactly bounce from support as per yesterday post.. Now for 10th May use strictly stop loss for buying at 5500 level and up to 5530/5517, use buy ONLY in deep with strictly and small stop loss 5500..(If Nifty break 5500 then stay in sell with S.L 5530)..Once again we repeat, avoid buy in gap up or near last resistance zone in corrective rally.. Resistance for up move at 5566/5576/5607/5625.. Supports at 5530/5517/5500..

Posted by MY CHART at 5/10/2011 02:13:00 AM

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