Nifty & NSI Chart & Levels For 08/10/12 ::

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MyCharts

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Oct 8, 2012, 9:13:25 AM10/8/12
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Nifty :: Black Hangman candle with Engulfing bearish candle pattern, looks like Three Strike strong bearish candle pattern..Wait for lower open for more conformation... NSI in down trend.. Short term indicator still in overbought zone with negative divergence.. Overall momentum down.. In intraday treading on 8th Oct. watch 5746, below it use sell at high strategy with S.L 5765.. Resistance for up move at 5765/5772/5791/5800.. Supports at 5725/5708/5685/5665..
Nifty 051012.jpg
NSI 051012.JPG
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