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Wednesday, January 07, 2015

(1) Nifty & MSi Chart & Levels For 07/01/2015 ::


Nifty::
- Incomplete Dark Cloud Cover bearish candle pattern conformation, with Bearish Gapping long black breakdown candle..
- MSi touch multiple bottom support..( Must be bounce from low)
- Short term indicator heading towards oversold level..
- Overall short term momentum bearish, but be careful in extended low..
- As far as Nifty hold 8082/8044 at lower level, avoid sell at low..
- In intraday treading on 7th Wait & Watch strong support 8084/8082 and below it 8058/8044..
- Resistance for up move at 8143/8168/8194/8210..

- Supports at 8100/8084/8058/8044..

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