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Tuesday, October 04, 2016

(2) Nifty Chart & Trading Levels For 05/10/2016 ::


-          Nifty Spot ::
-          Small doji candle like hammer..Unable to cover one bearish candle in 3 days..
-          MSi(My-Charts Sentiment indicator) from 92 to 68..
-          Short term indicator up..
-          Overall short term momentum bullish as far as Nifty hold 8735/8720, but risky due to midterm bearish momentum..
-          We always recommend, stuck with levels and avoid to predict market..
-          On 5th Oct. Watch important resistance 8810/8820 & Support 8736/8720..
-          In between Buy above 8772 with stop-loss 8765..Sell below 8765 with stop-loss 8772..
-          Resistance for up move at 8795/8802/8810/8820..

-          Supports at 8754/8743/8736/8718..

Posted by MY CHART at 10/04/2016 10:47:00 PM

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