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Monday, December 26, 2016

(2) Nifty Chart & IntraDay Trading Levels For 26/12/2016 ::


-          Nifty Spot ::
-          Small bullish candle with average low volume....
-          MSi (My-Charts Sentiment indicator) up from 14 to 39..(Oversold  bounce as per Friday post)..
-          Short term indicator slightly turn up in oversold region..
-          Overall midterm momentum still bearish, But short term momentum oversold.. Avoid shorting at lower level..
-          In intraday trading on 26th Dec. Above 8000 buy with stop-loss 7991.. Below 7979 sell with stop-loss 7991..
-          Resistance for up move at 8010/8036/8046/8056..

-          Supports at 7960/7942/7930/7917..

Posted by MY CHART at 12/26/2016 07:59:00 AM

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