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Tuesday, May 17, 2011

(1) Nifty Chart & Levels For 17/05/2011 ::


Nifty :: Black Spinning Top neutral direction candle with Bearish Harami Line candle pattern.. An insider day breakdown conformation required, for bearish structure.. NSI in down trend, Bull-bear power indicator flat after generate sell signal.. Watch three strong support and breakdown level 5481/5469/5443.. As far as Nifty hold any of this support use buy in deep strategy with small next level (support level) stop loss, for small swing up only.. Stay in sell once Nifty break 5469/5443 with S.L 5481/5469.. Resistance for up move at 5515/5525/5540/5557.. Supports at 5481/5469/5443..

Posted by MY CHART at 5/17/2011 01:37:00 AM

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