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Thursday, April 06, 2017

(2) Nifty Chart & IntraDay Trading Levels For 06/04/2017 ::


-          Nifty Spot ::
-          Hanging man, hammer bullish candle, with average low volume…(Risky candle at top, be careful)..
-          MSi ( My-Charts Sentiment indicator) up from 76 to 80..(Almost at overbought, must be correct within one or two days)..
-          Short term indicator in overbought zone..
-          Overall short term momentum bullish but risky at higher level.. Avoid buy at extended high..
-          In intraday trading on 6th April Above 9273 buy stop-loss 9255.. Below 9255 sell stop-loss 9273...Below 9244 stop revise at 9255..
-          Resistance for up move at 9280/9306/9339..

-          Supports at 9250/9244/9230/9215..

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