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Saturday, November 05, 2016

(2) Nifty Chart & IntraDay Trading Levels For 07/11/2016 ::


-          Nifty Spot ::
-          Long bearish candle just close above lower channel supports..
-          MSi (My-Charts Sentiment Index) down from 23 to 12..
-          Short term indicator oversold..
-          Overall momentum bearish but oversold..
-          Be careful at lower level.. Short term bounce possible from low..
-          Watch strong support 8400 below it 8340 to 7325..
-          In between in intraday trading on 7th Nov. Above 8441 buy with stop-loss 8426.. Below 8426 sell with STRICTLY stop-loss 8441..
-          Resistance for up move at 8465/8490/8516..

-          Supports at 8401/8377/8362/8340/8325..

Posted by MY CHART at 11/05/2016 11:19:00 PM

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