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Wednesday, October 05, 2016

(2) Nifty Chart & Trading Levels For 06/10/2016 ::


-          Nifty Spot ::
-          Outside day long bearish candle, hold support 8736 as per yesterday post..
-          MSi(My-Charts Sentiment indicator) from 68 to 63 down..
-          Short term indicator again turn down..
-          Overall short term momentum bearish but hold strong support..
-          On 6th Oct. Watch important support 8736/8727
-          In intraday trading on 6th above 8750 buy with stop-loss 8736, Below 8727 sell with stop-loss 8738..
-          Resistance for up move at 8767/8785/8796/8813/8820..

-          Supports at 8702/8691/8673/8661..

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